Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2013

Long-term Debt, Unclassified [Abstract]

Long-term debt

As of December 31, 2013 and December 31, 2012, the Company’s long-term debt consisted of the following (in thousands):

	December 31, 2013			December 31, 2012
Credit Agreement:
Term Loan A, matured October 18, 2013	$	—		$	143,750
Term Loan B, matured October 18, 2013	—			466,432
Term Loan B, maturing October 18, 2019, net of unamortized discount of $6.508 million as of December 31, 2013	663,492			—
Term Loan C, maturing October 18, 2018, net of unamortized discount of $0.735 million as of December 31, 2013	154,265			—
11.5% Senior Notes due 2018	325,000			325,000
Revolving Credit Facility	27,000			—
Total debt	1,169,757			935,182
Less: current portion of long-term debt	(45,325		)	(25,000		)
Total long-term debt	$	1,124,432		$	910,182

Applicable Rate for Term Loans

Under the Company's New Credit Agreement, the Applicable Rate component of the interest rate is based on the Company's consolidated leverage ratio as follows:

	Applicable Rates
Consolidated Leverage Ratio	Eurodollar Rate for Revolving Credit Facility and Letter of Credit Fees	Base Rate for Revolving Credit Facility	Term Loan B		Term Loan C
			Eurodollar Rate	Base Rate	Eurodollar Rate	Base Rate
> 4.0:1	4.50%	3.50%	5.25%	4.25%	4.50%	3.50%
< 4.0:1	4.25%	3.25%	5.25%	4.25%	4.50%	3.50%

Gentiva's permitted maximum consolidated leverage ratio

Four Fiscal Quarters Ending	Maximum Consolidated Leverage Ratio
March 31, 2014 to March 31, 2015	≤ 6.75:1
June 30, 2015 to March 31, 2016	≤ 6.50:1
June 30, 2016 to March 31, 2017	≤ 6.25:1
June 30, 2017 to December 31, 2017	≤ 6.00:1
March 31, 2018 and each fiscal quarter thereafter	≤ 5.75:1

Senior Notes at redemption prices set forth below plus accrued and unpaid interest and Additional Interest

On or after September 1, 2014, Gentiva may redeem all or part of the Senior Notes at redemption prices set forth below plus accrued and unpaid interest and Additional Interest, if any, as defined in the indenture relating to the Senior Notes during the twelve month period beginning on September 1 of the years indicated below:

Year	Percentage
2014	105.750%
2015	102.875%
2016 and thereafter	100.000%