Long-Term Debt and Notes Payable (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Schedule of Company's long-term debt and notes payable

As of December 31, 2017, the Company’s long-term debt and notes payable are as follows (in thousands):

	Principal Outstanding		Unamortized Premium (Discount)			Unamortized Issuance Costs			Carrying Value		Fair Value
Select:
6.375% senior notes	$	710,000	$	778		$	(6,553	)	$	704,225	$	727,750
Credit facilities:
Revolving facility	230,000		—			—			230,000		211,600
Term loans	1,141,375		(12,445		)	(12,500		)	1,116,430		1,154,215
Other	36,877		—			(533		)	36,344		36,344
Total Select debt	2,118,252		(11,667		)	(19,586		)	2,086,999		2,129,909
Concentra:
Credit facilities:
Term loans	619,175		(2,257		)	(10,668		)	606,250		625,173
Other	6,653		—			—			6,653		6,653
Total Concentra debt	625,828		(2,257		)	(10,668		)	612,903		631,826
Total debt	$	2,744,080	$	(13,924	)	$	(30,254	)	$	2,699,902	$	2,761,735

As of September 30, 2018, the Company’s long-term debt and notes payable are as follows (in thousands):

	Principal Outstanding		Unamortized Premium (Discount)			Unamortized Issuance Costs			Carrying Value		Fair Value
Select:
6.375% senior notes	$	710,000	$	607		$	(5,122	)	$	705,485	$	718,875
Credit facilities:
Revolving facility	65,000		—			—			65,000		59,800
Term loans	1,132,750		(11,000		)	(11,058		)	1,110,692		1,139,830
Other	49,004		—			(508		)	48,496		48,496
Total Select debt	1,956,754		(10,393		)	(16,688		)	1,929,673		1,967,001
Concentra:
Credit facilities:
Term loans	1,414,175		(3,078		)	(20,417		)	1,390,680		1,427,181
Other	9,355		—			—			9,355		9,355
Total Concentra debt	1,423,530		(3,078		)	(20,417		)	1,400,035		1,436,536
Total debt	$	3,380,284	$	(13,471	)	$	(37,105	)	$	3,329,708	$	3,403,537

Schedule of principal maturities of the Company's long-term debt and notes payable

Principal maturities of the Company’s long-term debt and notes payable are approximately as follows (in thousands):

	2018		2019		2020		2021		2022		Thereafter		Total
Select:
6.375% senior notes	$	—	$	—	$	—	$	710,000	$	—	$	—	$	710,000
Credit facilities:
Revolving facility	—		—		—		—		65,000		—		65,000
Term loans	2,875		11,500		11,500		11,500		11,500		1,083,875		1,132,750
Other	3,992		5,391		24,285		221		—		15,115		49,004
Total Select debt	6,867		16,891		35,785		721,721		76,500		1,098,990		1,956,754
Concentra:
Credit facilities:
Term loans	—		—		5,719		12,365		1,156,091		240,000		1,414,175
Other	1,341		3,625		346		346		324		3,373		9,355
Total Concentra debt	1,341		3,625		6,065		12,711		1,156,415		243,373		1,423,530
Total debt	$	8,208	$	20,516	$	41,850	$	734,432	$	1,232,915	$	1,342,363	$	3,380,284