TERM DEBT: (Tables)

6 Months Ended

Jun. 30, 2016

Debt Disclosure [Abstract]

Schedule of Debt

The following table presents the Term Debt at June 30, 2016:

	(in thousands)
Term Debt, principal amount	$	273,000
Less unamortized debt issuance costs	$	(4,625	)
Term Debt, principal net of unamortized debt issuance costs	$	277,625
Effective interest rate	3.1		%

Contractual Obligation, Fiscal Year Maturity Schedule

At June 30, 2016, future scheduled principal payments on the Company's Term Debt is summarized as follows:

	(in thousands)
2016 due in remaining six months	$	14,000
2017	38,500
2018	63,000
2019	157,500
	$	273,000