Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2017

Fair Value Disclosures [Abstract]

Schedule of Fair Value Valuation of Financial Instruments

The following table summarizes the fair value of our financial instruments at March 31, 2017 and December 31, 2016:

(Thousands)	Total		Quoted Prices in Active Markets (Level 1)		Prices with Other Observable Inputs (Level 2)		Prices with Unobservable Inputs (Level 3)
At March 31, 2017
Liabilities
Senior secured term loan B - variable rate, due October 24, 2022	$	2,100,069	$	-	$	2,100,069	$	-
Senior secured notes - 6.00%, due April 15, 2023		567,875		-		567,875		-
Senior unsecured notes - 8.25%, due October 15, 2023		1,168,275		-		1,168,275		-
Senior unsecured notes - 7.125%, due December 15, 2024		405,000		-		405,000		-
Derivative liability		1,536		-		1,536		-
Contingent consideration		90,719		-		-		90,719
Total	$	4,333,474	$	-	$	4,242,755	$	90,719

(Thousands)	Total		Quoted Prices in Active Markets (Level 1)		Prices with Other Observable Inputs (Level 2)		Prices with Unobservable Inputs (Level 3)
At December 31, 2016
Liabilities
Senior secured term loan B - variable rate, due October 24, 2022	$	2,139,586	$	-	$	2,139,586	$	-
Senior secured notes - 6.00%, due April 15, 2023		569,250		-		569,250		-
Senior unsecured notes - 8.25%, due October 15, 2023		1,176,600		-		1,176,600		-
Senior unsecured notes - 7.125%, due December 15, 2024		404,000		-		404,000		-
Derivative liability		6,102		-		6,102		-
Contingent consideration		98,600		-		-		98,600
Total	$	4,394,138	$	-	$	4,295,538	$	98,600

Roll Forward of Liability Measured at Fair Value on Recurring Basis Using Unobservable Inputs

The following is a roll forward of our liability measured at fair value on a recurring basis using unobservable inputs (Level 3):

(Thousands)	December 31, 2016		Transfers into Level 3		(Gain)/Loss included in earnings		Settlements			March 31, 2017
Contingent consideration	$	98,600	$	-	$	10,910	$	(18,791	)	$	90,719