FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2017

FAIR VALUE OF FINANCIAL INSTRUMENTS

Summary of Assets and Liabilities Measured on a Recurring Basis

	March 31, 2017								December 31, 2016
	Fair Value Measurements Using								Fair Value Measurements Using
(In thousands)	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents	$	—	$	—	$	—	$	—	$	18	$	18	$	—	$	—
Liabilities:
Interest Rate Swaps and Caps		(540)		—		(540)		—		(149)		—		(149)		—
Warrants		313,797		—		—		313,797		332,170		—		—		332,170

Summary of assets and liabilities that were measured at fair value on a non-recurring basis

		March 31, 2017				December 31, 2016
(In thousands)	Fair Value Hierarchy	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Assets:
Cash	Level 1	$	541,508	$	541,508	$	665,492	$	665,492
Liabilities:
Fixed-rate debt	Level 2	$	1,324,367	$	1,316,391	$	1,184,141	$	1,224,573
Variable-rate debt	Level 2		1,447,125		1,447,125		1,524,319		1,524,319