TERM DEBT: (Tables)

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Schedule of debt

The following table presents the Term Debt at March 31, 2017:

	(in thousands)
Term Debt, principal amount	$	226,000
Less unamortized debt issuance costs	3,102
Term Debt, principal net of unamortized debt issuance costs	$	222,898
Effective interest rate	3.4		%

Contractual obligation, fiscal year maturity schedule

At March 31, 2017, future scheduled principal payments on the Company's Term Debt is summarized as follows:

	(in thousands)
2017 remainder of year	$	5,500
2018	63,000
2019	157,500
	$	226,000