|6 Months Ended|
Jun. 30, 2019
|Debt Disclosure [Abstract]|
13. Long-term Debt:
The summary of long-term debt is as follows:
The fair value of a financial instrument is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. As of June 30, 2019 and December 31, 2018, the fair value of the term loan facility and senior secured and unsecured notes was $2,094,148 and $2,010,023, respectively. The fair value is classified as Level 2 based upon the fair value hierarchy (see Note 4 to these condensed consolidated financial statements for further information on fair value measurements).
The entire disclosure for long-term debt.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef