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LONG-TERM DEBT (Details) (USD $)
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0 Months Ended |
1 Months Ended |
3 Months Ended |
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Apr. 03, 2014
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Jun. 30, 2014
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Apr. 04, 2014
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Mar. 31, 2015
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Dec. 31, 2014
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Apr. 01, 2014
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| Debt Instrument [Line Items] |
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| Line of credit facility, amount outstanding |
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$ 150,000,000 |
| Repayments of revolving credit facility |
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150,000,000 |
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| Repayments of term loan |
148,800,000 |
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| LIBOR maturity period (in months) |
1 month |
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| Default interest rate per annum on overdue amounts (in percent) |
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2.00% |
| Credit facility, collateral |
The obligations under the 2014 Credit Agreement are guaranteed by all material subsidiaries of the Company and are secured by a lien on substantially all of the assets of the Company and those of its material subsidiaries, in each case subject to certain exceptions, pursuant to security and guarantee documents entered into on the Closing Date. |
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| Debt issuance costs |
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10,100,000 |
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| Debt issuance underwriting fees |
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9,700,000 |
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| Debt Issuance Legal Fees |
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400,000 |
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| Capitalized debt issuance costs |
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12,372,000 |
13,199,000 |
10,000,000 |
| Revolving Credit Facility [Member] |
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| Debt Instrument [Line Items] |
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| Line of credit facility, amount outstanding |
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0 |
0 |
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| CoStar Group [Member] | Term Loan [Member] |
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| Debt Instrument [Line Items] |
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| Debt instrument borrowing capacity |
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400,000,000 |
| Term of loan (in years) |
5 years |
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| CoStar Group [Member] | Revolving Credit Facility [Member] |
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| Debt Instrument [Line Items] |
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| Debt instrument borrowing capacity |
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225,000,000 |
| Term of loan (in years) |
5 years |
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| CoStar Group [Member] | Swingline Loan [Member] |
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| Debt Instrument [Line Items] |
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| Revolving credit sub-facility for swing-line loans and issuances of letters of credit |
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10,000,000 |
| CoStar Group [Member] | Letter of Credit [Member] |
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| Debt Instrument [Line Items] |
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| Revolving credit sub-facility for swing-line loans and issuances of letters of credit |
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$ 10,000,000 |
| CoStar Group [Member] | Notes Payable to Banks [Member] |
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| Debt Instrument [Line Items] |
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| Annual amortization, first year after closing (in percent) |
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5.00% |
| Annual amortization, second year after closing (in percent) |
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5.00% |
| Annual amortization, third year after closing (in percent) |
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5.00% |
| Annual amortization, fourth year after closing (in percent) |
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10.00% |
| Annual amortization, fifth year after closing (in percent) |
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15.00% |
| Federal Funds Rate [Member] |
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| Debt Instrument [Line Items] |
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| Basis spread on federal funds rate (in percent) |
0.50% |
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| LIBOR [Member] |
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| Debt Instrument [Line Items] |
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| Basis spread on federal funds rate (in percent) |
2.00% |
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| Debt instrument, basis spread on variable rate, one month interest period (in percent) |
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1.00% |
| Debt instrument, basis spread on variable rate, per annum (in percent) |
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1.00% |