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LONG TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of principal payments on the Company's Term Debt
The carrying values of the liability's components are reflected in the Company's accompanying consolidated balance sheets as follows:
 
   
December 31,
 
   
2017
   
2016
 
             
Principal
 
$
215,000
   
$
475,000
 
Less: Debt issuance costs, net of amortization
   
(3,486
)
   
(9,820
)
                 
Net liability carrying amount
 
$
211,514
   
$
465,180
 
Schedule of Component of Term Debt Liability
Interest expense related to the liability is reflected on the accompanying consolidated statements of operations for the years ended December 31:

   
December 31,
 
   
2017
   
2016
 
             
Amortization of debt issuance costs
 
$
6,334
   
$
338
 
Interest expense
   
5,558
     
1,266
 
                 
Total interest expense recognized
 
$
11,892
   
$
1,604
 
                 
 Effective interest rate    
3.30%
     
2.84%
 
Schedule of interest Expense Recognized
In January 2017, the Company issued $287,500 aggregate principal amount of Exchangeable Senior Notes (the “Notes”) due 2024. The following table summarizes some key facts and terms regarding the outstanding exchangeable senior notes:
 
   
Due 2024
 
Issuance date
 
January 18, 2017
 
Maturity date
 
January 15, 2024
 
Principal amount
 
$
287,500
 
Cash coupon rate (per annum)
   
1.25
%
Conversion rate effective September 15, 2023 (per $1000 principal amount)
   
12.026
 
Effective conversion price effective September 15, 2023 (per ADS)
 
$
83.15
 
Schedule of Outstanding Exchangeable Note
The carrying values of the liability and equity components of the exchangeable senior notes are reflected in the Company's accompanying consolidated balance sheets as follows:
 
   
December 31,
 
   
2017
 
       
Principal
 
$
287,500
 
Less:
       
Debt issuance costs, net of amortization
   
(5,182
)
Unamortized discount
   
(46,190
)
Net liability carrying amount
 
$
236,128
 
Equity component - net carrying value
 
$
51,176
 
Schedule of Carring Values
Interest expense related to the notes is reflected on the accompanying consolidated statements of operations for the year ended December 31:
 
   
Year Ended
December 31,
 
   
2017
 
       
Amortization of debt issuance costs
 
$
609
 
Non-cash amortization of debt discount
   
6,278
 
Interest expense
   
3,414
 
Net liability carrying amount
 
$
10,301
 
         
 Equity component - net carrying value    
4.68%