Long-term Debt (Details)
|
|
|
|
|
12 Months Ended |
|
|
|
Dec. 09, 2013
USD ($)
|
Feb. 15, 2013
USD ($)
amendment
|
Dec. 06, 2012
USD ($)
|
Aug. 08, 2012
USD ($)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
USD ($)
|
Dec. 31, 2013
USD ($)
|
Sep. 30, 2015
USD ($)
|
Dec. 31, 2012
USD ($)
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Line of credit, maximum borrowing capacity |
|
|
|
$ 390,000,000
|
|
|
|
|
|
| Percent of assets pledged for secured debt |
|
|
|
100.00%
|
|
|
|
|
|
| Amortization of debt discount |
|
|
|
|
|
|
$ 900,000
|
|
|
| Deferred finance costs |
|
|
|
|
|
|
5,700,000
|
|
|
| Loss on extinguishment of debt |
|
|
|
|
$ 0
|
$ 0
|
15,918,000
|
|
|
| Amortization of debt issuance costs and accretion of original issue discount |
|
|
|
|
$ 122,000
|
122,000
|
2,511,000
|
|
|
| Effective interest rate |
|
|
|
|
3.75%
|
|
|
|
|
| Commitment fee percentage |
|
|
|
|
0.50%
|
|
|
|
|
| Interest expense, debt |
|
|
|
|
|
15,900,000
|
22,900,000
|
|
|
| Interest costs capitalized |
|
|
|
|
|
2,000,000
|
2,300,000
|
|
|
| Covenant terms, maximum indebtedness exclusions |
|
|
|
|
$ 40,000,000
|
|
|
|
|
| Secured leverage ratio |
|
|
|
|
3.75
|
|
|
|
|
| Long-term Debt, by Current and Noncurrent [Abstract] |
|
|
|
|
|
|
|
|
|
| Term loan |
|
|
|
|
$ 387,097,000
|
391,057,000
|
|
|
|
| Less current maturities |
|
|
|
|
(3,960,000)
|
(3,960,000)
|
|
$ (3,960,000)
|
|
| Total long-term debt |
|
|
|
|
383,137,000
|
387,097,000
|
|
$ 383,137,000
|
|
| Term Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Line of credit, maximum borrowing capacity |
|
|
|
$ 350,000,000
|
|
|
|
|
|
| Unamortized discount |
|
|
|
|
|
|
|
|
$ 7,000,000
|
| Payments of special dividend |
|
|
|
350,000,000
|
|
|
|
|
|
| Long-term debt, fair value |
|
|
|
|
$ 385,200,000
|
$ 386,200,000
|
|
|
|
| Effective interest rate |
|
|
|
|
3.87%
|
3.75%
|
|
|
|
| Periodic principal payment |
|
|
|
|
$ 1,000,000
|
|
|
|
|
| Periodic payment, balloon payment to be paid |
|
|
|
|
$ 373,200,000
|
|
|
|
|
| Revolving Credit Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Line of credit, maximum borrowing capacity |
|
|
|
40,000,000
|
|
|
|
|
|
| Effective interest rate |
|
|
|
|
|
4.03%
|
|
|
|
| Interest rate, stated percentage |
|
|
|
|
|
4.25%
|
|
|
|
| Letter of Credit [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Line of credit, maximum borrowing capacity |
|
|
|
10,000,000
|
|
|
|
|
|
| Swing Line Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Line of credit, maximum borrowing capacity |
|
|
|
$ 5,000,000
|
|
|
|
|
|
| Federal Funds Effective Swap Rate [Member] | Term Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Basis spread on variable rate |
|
|
|
|
0.50%
|
|
|
|
|
| Federal Funds Effective Swap Rate [Member] | Revolving Credit Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Basis spread on variable rate |
|
|
|
|
0.50%
|
|
|
|
|
| London Interbank Offered Rate (LIBOR) [Member] | Term Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Basis spread on variable rate |
|
|
|
|
1.00%
|
|
|
|
|
| Interest rate, variable rate |
|
|
|
|
2.75%
|
|
|
|
|
| London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Basis spread on variable rate |
|
|
|
|
1.00%
|
|
|
|
|
| Interest rate, variable rate |
|
|
|
|
3.25%
|
|
|
|
|
| Base Rate [Member] | Term Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Interest rate, variable rate |
|
|
|
|
1.75%
|
|
|
|
|
| Base Rate [Member] | Revolving Credit Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Interest rate, stated percentage |
|
|
|
|
2.25%
|
|
|
|
|
| First Amended Credit Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Payments of special dividend |
|
|
$ 50,000,000
|
|
|
|
|
|
|
| First Amended Credit Facility [Member] | Term Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Additional borrowings |
|
|
50,000,000
|
|
|
|
|
|
|
| Deferred finance costs |
|
|
$ 1,200,000
|
|
|
|
|
|
|
| Second Amended Credit Facility [Member] | Term Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Deferred finance costs |
|
$ 4,700,000
|
|
|
|
|
|
|
|
| Number of amendments | amendment |
|
2
|
|
|
|
|
|
|
|
| Line of credit, principal amount |
|
$ 399,000,000
|
|
|
|
|
|
|
|
| Variable rate decrease |
|
(1.50%)
|
|
|
|
|
|
|
|
| Basis spread on variable rate decrease in floor |
|
0.00%
|
|
|
|
|
|
|
|
| Second Amended Credit Facility [Member] | Revolving Credit Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Line of credit, principal amount |
|
|
|
|
|
|
0
|
|
|
| Variable rate decrease |
|
(1.50%)
|
|
|
|
|
|
|
|
| Second Amended Credit Facility [Member] | Interest Expense [Member] | Term Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Debt instrument, fee amount |
|
|
|
|
|
|
$ 500,000
|
|
|
| Third Amended Credit Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Loss on extinguishment of debt |
$ 15,900,000
|
|
|
|
|
|
|
|
|
| Amortization of debt issuance costs and accretion of original issue discount |
9,200,000
|
|
|
|
|
|
|
|
|
| Unamortized discount, net |
5,700,000
|
|
|
|
|
|
|
|
|
| Debt issuance cost |
1,000,000
|
|
|
|
|
|
|
|
|
| Third Amended Credit Facility [Member] | Term Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Line of credit, principal amount |
$ 396,000,000
|
|
|
|
|
|
|
|
|
| Basis spread on variable rate decrease in floor |
(0.75%)
|
|
|
|
|
|
|
|
|
| Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Term Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Basis spread on variable rate |
|
|
|
|
1.00%
|
|
|
|
|
| Minimum [Member] | Base Rate [Member] | Term Facility [Member] |
|
|
|
|
|
|
|
|
|
| Line of Credit Facility [Line Items] |
|
|
|
|
|
|
|
|
|
| Basis spread on variable rate |
|
|
|
|
2.00%
|
|
|
|
|