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LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt consists of:
 
December 31,
 
2015
 
2014
 
(In thousands)
Match Group Term Loan due November 16, 2022
$
800,000

 
$

6.75% Senior Notes due December 15, 2022 (the "Match Group Senior Notes"); interest payable each June 15 and December 15, which commences June 15, 2016
445,172

 

4.875% Senior Notes due November 30, 2018 (the "2013 Senior Notes"); interest payable each May 30 and November 30, which commenced May 30, 2014
500,000

 
500,000

4.75% Senior Notes due December 15, 2022 (the "2012 Senior Notes"); interest payable each June 15 and December 15, which commenced June 15, 2013
54,732

 
500,000

5% New York City Industrial Development Agency Liberty Bonds due September 1, 2035 (the "Liberty Bonds")

 
80,000

Total long-term debt
1,799,904

 
1,080,000

Less: Current portion of long-term debt
40,000

 

Less: Net adjustment for remaining original issue discount on Match Group Term Loan and original issue premium related to the Match Exchange Offer
11,691

 

Total long-term debt, net of current maturities
$
1,748,213

 
$
1,080,000

Schedule of Debt Instrument Redemption
The Company may redeem the 2013 Senior Notes at the redemption prices set forth below, together with accrued and unpaid interest thereon to the applicable redemption date, if redeemed during the twelve-month period beginning on November 30 of the years indicated below:
Year
 
Percentage
2015
 
103.250
%
2016
 
101.625
%
2017 and thereafter
 
100.000
%

At any time prior to December 15, 2017, the 2012 Senior Notes and the Match Group Senior Notes may be redeemed at a redemption price equal to the sum of the principal amount thereof, plus accrued and unpaid interest and a make-whole premium. Thereafter, the 2012 Senior Notes and the Match Group Senior Notes may be redeemed at the redemption prices set forth below, together with accrued and unpaid interest thereon to the applicable redemption date, if redeemed during the twelve-month period beginning on December 15 of the years indicated below:
Year
 
Percentage
2017
 
102.375
%
2018
 
101.583
%
2019
 
100.792
%
2020 and thereafter
 
100.000
%
Schedule of Aggregate Contractual Maturities of Long-term Debt
Long-term debt maturities are as follows:
Years Ending December 31,
(In thousands)
2016
$
40,000

2017
40,000

2018
540,000

2019
40,000

2020
40,000

2021
40,000

2022
1,059,904

Total
1,799,904

Less: Current portion of long-term debt
40,000

Less: Net adjustment for remaining original issue discount on Match Group Term Loan and original issue premium related to the Match Exchange Offer
11,691

Total long term debt, net of current maturities
$
1,748,213