XML 42 R31.htm IDEA: XBRL DOCUMENT
v3.21.1

Long-Term Debt (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2021
Debt Disclosure [Abstract] |
Components of Long-term debt | Long-term debt consisted of the following:
(in thousands) |  | As of March 31, 2021 |  | As of December 31, 2020
Revolving credit facility |  | $ | — |  |  | $ | — |
Senior secured notes, due in 2029 |  | 550,000 |  |  | 550,000 |
Senior unsecured notes, due in 2025 |  | 400,000 |  |  | 400,000 |
Senior unsecured notes, due in 2027 |  | 500,000 |  |  | 500,000 |
Senior unsecured notes, due in 2031 |  | 500,000 |  |  | 500,000 |
Term loan, due in 2024 |  | 289,500 |  |  | 290,250 |
Term loan, due in 2026 |  | 749,757 |  |  | 751,660 |
Term loan, due in 2028 |  | 798,000 |  |  | — |
Total outstanding principal |  | 3,787,257 |  |  | 2,991,910 |
Less: Debt issuance costs and issuance discounts |  | (78,361) |  |  | (57,939) |
Less: Current portion |  | (18,612) |  |  | (10,612) |
Net carrying value of long-term debt |  | $ | 3,690,284 |  |  | $ | 2,923,359 |
Fair value of long-term debt * |  | $ | 3,797,121 |  |  | $ | 3,064,194 |
* Fair values of the 2025, 2027, 2029 and 2031 Senior Notes are estimated based on quoted private market transactions and are classified as Level 1 in the fair value hierarchy. The fair values of the term loans are based on observable estimates provided by third party financial professionals, and as such, are classified within Level 2 of the fair value hierarchy.

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration