XML 45 R35.htm IDEA: XBRL DOCUMENT v3.10.0.1
Debt (Tables)
 6 Months Ended
Jun. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Debt Components
Debt consists of the following ($ in thousands):
 
As of June 30,
 
As of December 31,
 
2018
 
2017
Debt Obligations
 
 
 
Term Loan(1)
$
1,001,598

 
$
906,398

Revolving Credit Facility
—

 
—

Total Debt Obligations
1,001,598

 
906,398

Unamortized discount
 
 
 
Discount on Term Loan
(2,942
)
 
(2,600
)
Total unamortized discount
(2,942
)
 
(2,600
)
Unamortized debt issuance costs:
 
 
 
Term Loan
(4,915
)
 
(5,583
)
Total unamortized debt issuance costs
(4,915
)
 
(5,583
)
Total Debt
$
993,741

 
$
898,215


________
(1) 
Borrowings under the Term Loan bear interest at floating rates equal to London Interbank Offered Rate (“LIBOR”) plus 2.75% (where the applicable LIBOR rate has a 1.0% floor). The interest rate was 4.84% and 4.62% as of June 30, 2018 and December 31, 2017, respectively. Effective March 29, 2018, we entered into two interest rate swaps to fix interest at 2.85% on $800.0 million of our Term Loan (See Note 15).