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Fair Value Measurements (Tables) | 6 Months Ended
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Jun. 30, 2017
Fair Value, Inputs, Level 1 |
Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis | The following tables present certain information for the financial liabilities that are disclosed at fair value on a recurring basis at June 30, 2017 and December 31, 2016:
| Level 1 |  | Level 1
| June 30, 2017 |  | December 31, 2016
| Carrying Amount |  | Fair Value |  | Carrying Amount |  | Fair Value
Liabilities: |  |  |  |  |  |  |  |  |  |  |
6.50% Notes due 2024 | $ | 900,000 |  |  | $ | 897,750 |  |  | $ | 900,000 |  |  | $ | 812,250 |
Fair Value, Inputs, Level 3 |
Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis | The following table presents changes in deferred acquisition consideration:
| Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
| June 30, |  | December 31,
| 2017 |  | 2016
Beginning balance of contingent payments | $ | 224,754 |  |  | $ | 306,734 |
Payments (1) | (84,733 | ) |  | (105,169 | )
Additions (2) | — |  |  | 16,132 |
Redemption value adjustments (3) | 18,534 |  |  | 13,930 |
Other (4) | — |  |  | (6,412 | )
Foreign translation adjustment | 945 |  |  | (461 | )
Ending balance of contingent payments | $ | 159,500 |  |  | $ | 224,754 |
(1) | For the six months ended June 30, 2017 and the year ended December 31, 2016, payments include $28,727 and $10,458, respectively, of deferred acquisition consideration settled through the issuance of 3,353,939 and 691,559 MDC Class A subordinate voting shares, respectively, in lieu of cash.
(2) | Additions are the initial estimated deferred acquisition payments of new acquisitions and step-up transactions completed within that fiscal period.
(3) | Redemption value adjustments are fair value changes from the Company’s initial estimates of deferred acquisition payments, including the accretion of present value and stock-based compensation charges relating to acquisition payments that are tied to continued employment.
(4) | For the year ended December 31, 2016, other is comprised of (i) $2,360 transferred to shares to be issued related to 100,000 MDC Class A subordinate voting shares to be issued contingent on specific thresholds of future earnings that management expects to be attained; and (ii) $4,052 of contingent payments eliminated through the acquisition of incremental ownership interests, see Note 4.

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- Definition Tabular disclosure of liabilities measured at fair value measured on a recurring or nonrecurring basis. Includes, but is not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
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