XML 37 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current derivative asset

 

$

 

 

$

25,118

 

 

$

 

 

$

25,118

 

Long-term derivative asset (1)

 

 

 

 

 

7,697

 

 

 

 

 

 

7,697

 

Total derivative instruments

 

$

 

 

$

32,815

 

 

$

 

 

$

32,815

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current derivative liability

 

$

 

 

$

21,036

 

 

$

 

 

$

21,036

 

Long-term derivative liability (2)

 

 

 

 

 

2,418

 

 

 

 

 

 

2,418

 

Total derivative instruments

 

$

 

 

$

23,454

 

 

$

 

 

$

23,454

 

 

(1)

Included in other assets in the Consolidated Balance Sheet.

 

(2)

Included in other long-term obligations in the Consolidated Balance Sheet.

Carrying Values and Estimated Fair Values of Financial Instruments

 

 

 

March 31, 2018

 

 

December 31, 2017

 

 

 

Carrying

 

 

Estimated

 

 

Carrying

 

 

Estimated

 

 

 

Amount

 

 

Fair Value

 

 

Amount

 

 

Fair Value

 

Term loan, secured, due April 2024

 

$

975,000

 

 

$

972,563

 

 

$

975,000

 

 

$

975,000

 

6.875% Notes, unsecured, due April 2022, issued 2017

 

 

700,000

 

 

 

610,316

 

 

 

700,000

 

 

 

701,750

 

7.125% Notes, unsecured, due April 2025, issued 2017

 

 

500,000

 

 

 

410,000

 

 

 

500,000

 

 

 

505,000

 

Credit Facility, secured, due January 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

2,175,000

 

 

$

1,992,879

 

 

$

2,175,000

 

 

$

2,181,750