XML 41 R30.htm IDEA: XBRL DOCUMENT v3.20.2
Long-Term Debt (Tables)
 9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Components of Long-term debt
Long-term debt consisted of the following:
(in thousands)As of 
September 30, 
2020		As of 
December 31, 
2019
Revolving credit facility$— $— 
Senior unsecured notes, due in 2025400,000 400,000 
Senior unsecured notes, due in 2027500,000 500,000 
Term loan, due in 2024291,000 293,250 
Term loan, due in 2026753,563 759,272 
    Total outstanding principal1,944,563 1,952,522 
Less: Debt issuance costs and issuance discounts(33,090)(37,492)
Less: Current portion(10,612)(10,612)
   Net carrying value of long-term debt$1,900,861 $1,904,418 
Fair value of long-term debt *$1,897,141 $1,991,164 
* Fair values of the 2025 and 2027 Senior Notes are estimated based on quoted private market transactions and are classified as Level 1 in the fair value hierarchy. The fair values of the term loans are based on observable estimates provided by third party financial professionals, and as such, are classified within Level 2 of the fair value hierarchy.