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LONG-TERM DEBT (Tables)
9 Months Ended
Sep. 30, 2016
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt consists of:
 
September 30, 2016
 
December 31, 2015
 
(In thousands)
Match Group Debt:
 
 
 
6.375% Senior Notes due June 1, 2024 (the "2016 Match Group Senior Notes"); interest payable each June 1 and December 1, which commences December 1, 2016
$
400,000

 
$

6.75% Senior Notes due December 15, 2022 (the "2015 Match Group Senior Notes"); interest payable each June 15 and December 15, which commenced June 15, 2016
445,172

 
445,172

Match Group Term Loan due November 16, 2022 (a)
390,000

 
800,000

Total Match Group long-term debt
1,235,172

 
1,245,172

Less: Current maturities of Match Group long-term debt

 
40,000

Less: Unamortized original issue discount and original issue premium, net
5,100

 
11,691

Less: Unamortized debt issuance costs
14,526

 
16,610

Total Match Group debt, net of current maturities
1,215,546

 
1,176,871

 


 


IAC Debt:


 


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
390,214

 
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
38,247

 
54,732

Total IAC long-term debt
428,461

 
554,732

Less: Unamortized debt issuance costs
2,722

 
4,649

Total IAC debt, net of current portion
425,739

 
550,083

 

 

Total long-term debt, net of current portion
$
1,641,285

 
$
1,726,954

________________________
(a) The Match Group Term Loan matures on November 16, 2022; provided that, if any of the 2015 Match Group Senior Notes remain outstanding on the date that is 91 days prior to the maturity date of the 2015 Match Group Senior Notes, the Match Group Term Loan maturity date shall be the date that is 91 days prior to the maturity date of the 2015 Match Group Senior Notes.
Schedule of Debt Instrument Redemption
Thereafter, these 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 June 1 of the years indicated below:
Year
 
Percentage
2019
 
104.781
%
2020
 
103.188
%
2021
 
101.594
%
2022 and thereafter
 
100.000
%