Mediacom 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - Jun. 30, 2015 - shares	Total
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	MCCCL
Entity Registrant Name	MEDIACOM LLC
Entity Central Index Key	1,064,116
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding	0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash	$ 10,685	$ 8,720
Accounts receivable, net of allowance for doubtful accounts of $2,584 and $2,135	40,508	45,712
Accounts receivable - affiliates	2,669
Prepaid expenses and other current assets	11,227	8,142
Total current assets	65,089	62,574
Preferred membership interest in affiliated company (Note 7)	150,000	150,000
Property, plant and equipment, net of accumulated depreciation of $1,636,697 and $1,592,999	678,181	672,832
Franchise rights	614,731	614,731
Goodwill	23,911	23,911
Intangible assets, net of accumulated amortization	18	22
Other assets, net of accumulated amortization of $10,353 and $8,343	17,352	15,288
Total assets	1,549,282	1,539,358
CURRENT LIABILITIES
Accounts payable, accrued expenses and other current liabilities	127,015	130,706
Accounts payable - affiliates		1,463
Deferred revenue	29,344	28,115
Current portion of long-term debt	8,500	8,500
Total current liabilities	164,859	168,784
Long-term debt, less current portion	1,209,500	1,246,500
Other non-current liabilities	1,859	1,859
Total liabilities	$ 1,376,218	$ 1,417,143
Commitments and contingencies (Note 10)
MEMBER'S EQUITY
Capital contributions	$ 463,577	$ 473,609
Accumulated deficit	(290,513)	(351,394)
Total member's equity	173,064	122,215
Total liabilities and member's equity	$ 1,549,282	$ 1,539,358

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts	$ 2,584	$ 2,135
Accumulated depreciation on property, plant and equipment	1,636,697	1,592,999
Accumulated amortization on Intangible assets	118,283	118,279
Accumulated amortization on other assets	$ 10,353	$ 8,343

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Revenues	$ 185,619	$ 178,843	$ 365,663	$ 354,582
Costs and expenses:
Service costs (exclusive of depreciation and amortization)	81,376	77,391	162,020	154,039
Selling, general and administrative expenses	30,139	30,918	58,983	60,939
Management fee expense	3,250	3,200	6,500	6,400
Depreciation and amortization	29,927	28,819	59,821	57,550
Operating income	40,927	38,515	78,339	75,654
Interest expense, net	(15,903)	(23,614)	(31,881)	(47,516)
Gain on derivatives, net	3,343	4,304	5,921	8,620
Investment income from affiliate (Note 7)	4,500	4,500	9,000	9,000
Other expense, net	(269)	(273)	(498)	(654)
Net income	$ 32,598	$ 23,432	$ 60,881	$ 45,104

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 60,881	$ 45,104
Adjustments to reconcile net income to net cash flows provided by operating activities:
Depreciation and amortization	59,821	57,550
Gain on derivatives, net	(5,921)	(8,620)
Amortization of deferred financing costs	1,445	1,968
Changes in assets and liabilities:
Accounts receivable, net	5,204	4,975
Accounts receivable - affiliates	(2,669)	(4,632)
Prepaid expenses and other assets	(4,273)	(1,975)
Accounts payable, accrued expenses and other current liabilities	(2,029)	1,179
Accounts payable - affiliates	(1,463)	(9,628)
Deferred revenue	1,229	680
Net cash flows provided by operating activities	112,225	86,601
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(64,610)	(56,653)
Change in accrued property, plant and equipment	3,457	2,072
Proceeds from sale of assets	77
Acquisition of other intangible assets	(1,249)
Net cash flows used in investing activities	(62,325)	(54,581)
CASH FLOWS FROM FINANCING ACTIVITIES:
New borrowings of bank debt	87,125	514,739
Repayment of bank debt	(124,125)	(539,739)
Capital distributions to parent (Note 8)	(10,100)	(3,500)
Financing costs		(4,668)
Other financing activities	(835)	1,328
Net cash flows used in financing activities	(47,935)	(31,840)
Net increase in cash	1,965	180
CASH, beginning of period	8,720	9,744
CASH, end of period	10,685	9,924
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid during the period for interest, net of amounts capitalized	$ 30,472	$ 45,712

ORGANIZATION

ORGANIZATION	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
ORGANIZATION	1. ORGANIZATION Basis of Preparation of Unaudited Consolidated Financial Statements Mediacom LLC (“Mediacom LLC” and collectively with its subsidiaries, “we,” “our” or “us”) is a New York limited liability company wholly-owned by Mediacom Communications Corporation (“MCC”). MCC is involved in the acquisition and operation of cable systems serving smaller cities and towns in the United States, and its cable systems are owned and operated through our operating subsidiaries and those of Mediacom Broadband LLC, a Delaware limited liability company wholly-owned by MCC. As limited liability companies, we and Mediacom Broadband LLC are not subject to income taxes and, as such, are included in the consolidated federal and state income tax returns of MCC, a C corporation. Our principal operating subsidiaries conduct all of our consolidated operations and own substantially all of our consolidated assets. Our operating subsidiaries are separate and distinct legal entities and have no obligation, contingent or otherwise, to make funds available to us. We have prepared these unaudited consolidated financial statements in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of management, such statements include all adjustments, consisting of normal recurring accruals and adjustments, necessary for a fair presentation of our consolidated results of operations and financial position for the interim periods presented. The accounting policies followed during such interim periods reported are in conformity with generally accepted accounting principles in the United States of America and are consistent with those applied during annual periods. For a summary of our accounting policies and other information, refer to our Annual Report on Form 10-K for the year ended December 31, 2014. The results of operations for the interim periods are not necessarily indicative of the results that might be expected for future interim periods or for the full year ending December 31, 2015. Mediacom Capital Corporation (“Mediacom Capital”), a New York corporation wholly-owned by us, co-issued, jointly and severally with us, public debt securities. Mediacom Capital has no operations, revenues or cash flows and has no assets, liabilities or stockholders’ equity on its balance sheet, other than a one-hundred dollar receivable from an affiliate and the same dollar amount of common stock. Therefore, separate financial statements have not been presented for this entity. Franchise fees imposed by local governmental authorities are collected on a monthly basis from our customers and are periodically remitted to the local governmental authorities. Because franchise fees are our obligation, we present them on a gross basis with a corresponding operating expense. Franchise fees reported on a gross basis amounted to $3.1 million and $2.9 million for the three months ended June 30, 2015 and 2014, respectively, and $6.1 million and $5.8 million for the six months ended June 30, 2015 and 2014, respectively.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 2015
Accounting Changes And Error Corrections [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	2. RECENT ACCOUNTING PRONOUNCEMENTS In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09 (“ASU 2014-09”) - Revenue from Contracts with Customers Financial Reporting by Cable Television Companies In April 2015, the FASB issued ASU No. 2015-03 - Interest—Imputation of Interest Simplifying the Presentation of Debt Issuance Costs In April 2015, the FASB issued ASU 2015-05 - Intangibles—Goodwill and Other—Internal-Use Software

FAIR VALUE

FAIR VALUE	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE	3. FAIR VALUE The tables below set forth our financial assets and liabilities measured at fair value on a recurring basis using a market-based approach. Our financial assets and liabilities, all of which represent interest rate exchange agreements (which we refer to as “interest rate swaps”) have been categorized according to the three-level fair value hierarchy established by Accounting Standards Codification (“ASC”) No. 820 – Fair Value Measurement · Level 1 — Quoted market prices in active markets for identical assets or liabilities. · Level 2 — Observable market based inputs or unobservable inputs that are corroborated by market data. · Level 3 — Unobservable inputs that are not corroborated by market data. Fair Value as of June 30, 2015 Level 1 Level 2 Level 3 Total Assets Interest rate exchange agreements $ — $ 1,637 $ — $ 1,637 Liabilities Interest rate exchange agreements $ — $ 7,477 $ — $ 7,477 Fair Value as of December 31, 2014 Level 1 Level 2 Level 3 Total Assets Interest rate exchange agreements $ — $ — $ — $ — Liabilities Interest rate exchange agreements $ — $ 11,761 $ — $ 11,761 The fair value of our interest rate swaps represents the estimated amount that we would receive or pay to terminate such agreements, taking into account projected interest rates, based on quoted London Interbank Offered Rate (“LIBOR”) futures and the remaining time to maturity. While our interest rate swaps are subject to contractual terms that provide for the net settlement of transactions with counterparties, we do not offset assets and liabilities under these agreements for financial statement presentation purposes, and assets and liabilities are reported on a gross basis. As of June 30, 2015, we recorded a long-term asset in other assets, net, of $1.6 million and a current liability in accounts payable, accrued expenses and other current liabilities of $7.5 million. As of December 31, 2014, we recorded a current liability in accounts payable, accrued expenses and other current liabilities of $11.8 million. As of both June 30, 2015 and December 31, 2014, there was no current asset or long-term liability. As a result of the changes in the mark-to-market valuations on our interest rate swaps, we recorded a net gain on derivatives of $3.3 million and $4.3 million for the three months ended June 30, 2015 and 2014, respectively, and a net gain on derivatives of $5.9 million and $8.6 million during the six months ended June 30, 2015 and 2014, respectively.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	6 Months Ended
	Jun. 30, 2015
Property Plant And Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	4. PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consisted of the following (dollars in thousands): June 30, December 31, 2015 2014 Cable systems, equipment and customer devices $ 2,210,803 $ 2,161,767 Furniture, fixtures and office equipment 47,520 47,524 Vehicles 37,824 37,831 Buildings and leasehold improvements 17,181 17,159 Land and land improvements 1,550 1,550 Property, plant and equipment, gross $ 2,314,878 $ 2,265,831 Accumulated depreciation (1,636,697 ) (1,592,999 ) Property, plant and equipment, net $ 678,181 $ 672,832

ACCOUNTS PAYABLE, ACCRUED EXPEN

ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	6 Months Ended
	Jun. 30, 2015
Payables And Accruals [Abstract]
ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	5. ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accounts payable, accrued expenses and other current liabilities consisted of the following (dollars in thousands): June 30, December 31, 2015 2014 Accounts payable - trade $ 27,266 $ 28,238 Accrued programming costs 21,385 19,966 Accrued payroll and benefits 14,931 12,090 Accrued taxes and fees 12,820 15,767 Liabilities under interest rate exchange agreements 7,477 11,761 Advance customer payments 7,467 10,922 Accrued interest 7,212 7,247 Accrued property, plant and equipment 7,043 3,586 Accrued service costs 6,058 6,685 Bank overdrafts (1) 2,987 3,822 Accrued telecommunications costs 1,716 1,055 Other accrued expenses 10,653 9,567 Accounts payable, accrued expenses and other current liabilities $ 127,015 $ 130,706 (1) Bank overdrafts represent outstanding checks in excess of funds on deposit at our disbursement accounts. We transfer funds from our depository accounts to our disbursement accounts upon daily notification of checks presented for payment. Changes in bank overdrafts are reported in “other financing activities” in our Consolidated Statements of Cash Flows.

DEBT

DEBT	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
DEBT	6. DEBT Outstanding debt consisted of the following (dollars in thousands): June 30, December 31, 2015 2014 Bank credit facility $ 968,000 $ 1,005,000 7 ¼ 250,000 250,000 Total debt $ 1,218,000 $ 1,255,000 Less: current portion 8,500 8,500 Total long-term debt, less current portion $ 1,209,500 $ 1,246,500 Bank Credit Facility As of June 30, 2015, we maintained a $1.057 billion bank credit facility (the “credit facility”), comprising: · $225.0 million of revolving credit commitments, which expire on February 5, 2019; · $237.5 million of outstanding borrowings under Term Loan E, which mature on October 23, 2017; · $246.9 million of outstanding borrowings under Term Loan F, which mature on March 31, 2018; and · $347.4 million of outstanding borrowings under Term Loan G, which mature on June 30, 2021. As of June 30, 2015, we had $79.5 million of unused revolving credit commitments, all of which were available to be borrowed and used for general corporate purposes, after giving effect to $136.3 million of outstanding loans and $9.2 million of letters of credit issued thereunder to various parties as collateral. The credit facility is collateralized by our ownership interests in our operating subsidiaries and is guaranteed by us on a limited recourse basis to the extent of such ownership interests. As of June 30, 2015, the credit agreement governing the credit facility (the “credit agreement”) required our operating subsidiaries to maintain a total leverage ratio (as defined in the credit agreement) of no more than 5.0 to 1.0 and an interest coverage ratio (as defined in the credit agreement) of no less than 2.0 to 1.0. For all periods through June 30, 2015, our operating subsidiaries were in compliance with all covenants under the credit agreement. Interest Rate Swaps We have entered into several interest rate swaps to fix the variable rate on a portion of our borrowings under the credit facility to reduce the potential volatility in our interest expense that may result from changes in market interest rates. Our interest rate swaps have not been designated as hedges for accounting purposes, and have been accounted for on a mark-to-market basis as of, and for the three and six months ended, June 30, 2015 and 2014. As of June 30, 2015, we had interest rate swaps that fixed the variable rate portion of $500 million of borrowings at 2.7%, all of which are scheduled to expire during December 2015. As of the same date, we also had forward starting interest rate swaps that will fix the variable rate portion of $300 million of borrowings at 1.5% for a three year period commencing December 2015. As of June 30, 2015, the weighted average interest rate on outstanding borrowings under the credit facility, including the effect of our interest rate swaps, was 4.3%. Senior Notes As of June 30, 2015, we had $250 million of outstanding senior notes, all of which comprised our 7 ¼ ¼ ¼ Other Assets As of June 30, 2015 and December 31, 2014, other assets, net, substantially comprised of financing costs and original issue discount (“OID”) incurred to raise debt, which are deferred and amortized through interest expense over the scheduled term of such debt issuances. OID, as recorded in other assets, net, was $2.3 million and $2.6 million as of June 30, 2015 and December 31, 2014, respectively. Debt Ratings MCC’s corporate credit ratings are Ba3 by Moody’s and BB- by Standard and Poor’s (“S&P”), and our senior unsecured ratings are B2 by Moody’s and B by S&P, all with stable outlooks. There are no covenants, events of default, borrowing conditions or other terms in the credit agreement or indenture that are based on changes in our credit rating assigned by any rating agency. Fair Value The fair values of our senior notes and outstanding debt under the credit facility (which were calculated based upon market prices of such issuances in an active market when available) were as follows (dollars in thousands): June 30, December 31, 2015 2014 7¼% senior notes due 2022 263,125 268,125 Total senior notes $ 263,125 $ 268,125 Bank credit facility $ 965,144 $ 985,752

PREFERRED MEMBERSHIP INTEREST I

PREFERRED MEMBERSHIP INTEREST IN AFFILIATED COMPANY	6 Months Ended
	Jun. 30, 2015
Equity Method Investments And Joint Ventures [Abstract]
PREFERRED MEMBERSHIP INTEREST IN AFFILIATED COMPANY	7. PREFERRED MEMBERSHIP INTEREST IN AFFILIATED COMPANY In July 2001, we made a $150.0 million preferred membership investment in the operating subsidiaries of Mediacom Broadband LLC, which has a 12% annual dividend, payable quarterly in cash. We received $4.5 million in cash dividends on the preferred membership interest during each of the three months ended June 30, 2015 and 2014, and $9.0 million during each of the six months ended June 30, 2015 and 2014.

MEMBER'S EQUITY

MEMBER'S EQUITY	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
MEMBER'S EQUITY	8. MEMBER’S EQUITY As a wholly-owned subsidiary of MCC, our business affairs, including our financing decisions, are directed by MCC. See Note 9. Capital contributions from parent and capital distributions to parent are reported on a gross basis in the Consolidated Statements of Cash Flows. We made capital distributions to parent in cash of $10.1 million and no capital contributions from parent were made during the six months ended June 30, 2015. We made capital distributions to parent of $3.5 million and no capital contributions from parent during the six months ended June 30, 2014.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	9. RELATED PARTY TRANSACTIONS MCC manages us pursuant to management agreements with our operating subsidiaries. Under such agreements, MCC has full and exclusive authority to manage our day to day operations and conduct our business. We remain responsible for all expenses and liabilities relating to the construction, development, operation, maintenance, repair and ownership of our systems. As compensation for the performance of its services, subject to certain restrictions, MCC is entitled to receive management fees in an amount not to exceed 4.5% of the annual gross operating revenues of our operating subsidiaries, and is also entitled to the reimbursement of all expenses necessarily incurred in its capacity as manager. MCC charged us management fees of $3.3 million and $3.2 million for the three months ended June 30, 2015 and 2014, respectively, and $6.5 million and $6.4 million for the six months ended June 30, 2015 and 2014, respectively. We are a preferred equity investor in Mediacom Broadband LLC. See Note 7.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2015
Commitments And Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	10. COMMITMENTS AND CONTINGENCIES Legal Proceedings We are involved in various legal actions arising in the ordinary course of business. In the opinion of management, the ultimate disposition of these matters will not have a material adverse effect on our consolidated financial position, results of operations, cash flows or business.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2015
Goodwill And Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	11. GOODWILL AND OTHER INTANGIBLE ASSETS In accordance with the FASB’s ASC No. 350 — Intangibles — Goodwill and Other We last evaluated the factors surrounding our Mediacom LLC reporting unit as of October 1, 2014 and did not believe that it was “more likely than not” that a goodwill impairment existed at that time. As such, we did not perform Step 2 of the goodwill impairment test. Because we believe there has not been a meaningful change in the long-term fundamentals of our business during the first six months of 2015, we determined that there has been no triggering event under ASC 350 and, as such, no interim impairment test was required as of June 30, 2015. During the six months ended June 30, 2015, we acquired various intellectual property rights for approximately $1.2 million, which are recorded in other assets, net.

ORGANIZATION (Policies)

ORGANIZATION (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Preparation of Unaudited Consolidated Financial Statements	Basis of Preparation of Unaudited Consolidated Financial Statements Mediacom LLC (“Mediacom LLC” and collectively with its subsidiaries, “we,” “our” or “us”) is a New York limited liability company wholly-owned by Mediacom Communications Corporation (“MCC”). MCC is involved in the acquisition and operation of cable systems serving smaller cities and towns in the United States, and its cable systems are owned and operated through our operating subsidiaries and those of Mediacom Broadband LLC, a Delaware limited liability company wholly-owned by MCC. As limited liability companies, we and Mediacom Broadband LLC are not subject to income taxes and, as such, are included in the consolidated federal and state income tax returns of MCC, a C corporation. Our principal operating subsidiaries conduct all of our consolidated operations and own substantially all of our consolidated assets. Our operating subsidiaries are separate and distinct legal entities and have no obligation, contingent or otherwise, to make funds available to us. We have prepared these unaudited consolidated financial statements in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of management, such statements include all adjustments, consisting of normal recurring accruals and adjustments, necessary for a fair presentation of our consolidated results of operations and financial position for the interim periods presented. The accounting policies followed during such interim periods reported are in conformity with generally accepted accounting principles in the United States of America and are consistent with those applied during annual periods. For a summary of our accounting policies and other information, refer to our Annual Report on Form 10-K for the year ended December 31, 2014. The results of operations for the interim periods are not necessarily indicative of the results that might be expected for future interim periods or for the full year ending December 31, 2015. Mediacom Capital Corporation (“Mediacom Capital”), a New York corporation wholly-owned by us, co-issued, jointly and severally with us, public debt securities. Mediacom Capital has no operations, revenues or cash flows and has no assets, liabilities or stockholders’ equity on its balance sheet, other than a one-hundred dollar receivable from an affiliate and the same dollar amount of common stock. Therefore, separate financial statements have not been presented for this entity. Franchise fees imposed by local governmental authorities are collected on a monthly basis from our customers and are periodically remitted to the local governmental authorities. Because franchise fees are our obligation, we present them on a gross basis with a corresponding operating expense. Franchise fees reported on a gross basis amounted to $3.1 million and $2.9 million for the three months ended June 30, 2015 and 2014, respectively, and $6.1 million and $5.8 million for the six months ended June 30, 2015 and 2014, respectively.

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value of Interest Rate Swap Assets and Liabilities	Fair Value as of June 30, 2015 Level 1 Level 2 Level 3 Total Assets Interest rate exchange agreements $ — $ 1,637 $ — $ 1,637 Liabilities Interest rate exchange agreements $ — $ 7,477 $ — $ 7,477 Fair Value as of December 31, 2014 Level 1 Level 2 Level 3 Total Assets Interest rate exchange agreements $ — $ — $ — $ — Liabilities Interest rate exchange agreements $ — $ 11,761 $ — $ 11,761

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2015
Property Plant And Equipment [Abstract]
Components of Property, Plant and Equipment	Property, plant and equipment consisted of the following (dollars in thousands): June 30, December 31, 2015 2014 Cable systems, equipment and customer devices $ 2,210,803 $ 2,161,767 Furniture, fixtures and office equipment 47,520 47,524 Vehicles 37,824 37,831 Buildings and leasehold improvements 17,181 17,159 Land and land improvements 1,550 1,550 Property, plant and equipment, gross $ 2,314,878 $ 2,265,831 Accumulated depreciation (1,636,697 ) (1,592,999 ) Property, plant and equipment, net $ 678,181 $ 672,832

ACCOUNTS PAYABLE, ACCRUED EXP20

ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2015
Payables And Accruals [Abstract]
Summary of Accounts Payable, Accrued Expenses and Other Current Liabilities	Accounts payable, accrued expenses and other current liabilities consisted of the following (dollars in thousands): June 30, December 31, 2015 2014 Accounts payable - trade $ 27,266 $ 28,238 Accrued programming costs 21,385 19,966 Accrued payroll and benefits 14,931 12,090 Accrued taxes and fees 12,820 15,767 Liabilities under interest rate exchange agreements 7,477 11,761 Advance customer payments 7,467 10,922 Accrued interest 7,212 7,247 Accrued property, plant and equipment 7,043 3,586 Accrued service costs 6,058 6,685 Bank overdrafts (1) 2,987 3,822 Accrued telecommunications costs 1,716 1,055 Other accrued expenses 10,653 9,567 Accounts payable, accrued expenses and other current liabilities $ 127,015 $ 130,706 (1) Bank overdrafts represent outstanding checks in excess of funds on deposit at our disbursement accounts. We transfer funds from our depository accounts to our disbursement accounts upon daily notification of checks presented for payment. Changes in bank overdrafts are reported in “other financing activities” in our Consolidated Statements of Cash Flows.

DEBT (Tables)

DEBT (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Summary of Outstanding Debt	Outstanding debt consisted of the following (dollars in thousands): June 30, December 31, 2015 2014 Bank credit facility $ 968,000 $ 1,005,000 7 ¼ 250,000 250,000 Total debt $ 1,218,000 $ 1,255,000 Less: current portion 8,500 8,500 Total long-term debt, less current portion $ 1,209,500 $ 1,246,500
Fair Values of Senior Notes and Outstanding Debt under Credit Facility	The fair values of our senior notes and outstanding debt under the credit facility (which were calculated based upon market prices of such issuances in an active market when available) were as follows (dollars in thousands): June 30, December 31, 2015 2014 7¼% senior notes due 2022 263,125 268,125 Total senior notes $ 263,125 $ 268,125 Bank credit facility $ 965,144 $ 985,752

Organization - Additional Infor

Organization - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Amount due from affiliate by subsidiary	$ 100		$ 100
Franchise fees imposed by local governmental authorities	$ 3,100,000	$ 2,900,000	$ 6,100,000	$ 5,800,000

Recent Accounting Pronounceme23

Recent Accounting Pronouncements - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2015USD ($)
Accounting Changes And Error Corrections [Abstract]
Expected reclassification from other assets to long term debt	$ 12.6

Fair Value - Fair Value of Inte

Fair Value - Fair Value of Interest Rate Swap Assets and Liabilities (Detail) - Interest Rate Swap [Member] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	$ 1,637
Liabilities	7,477	$ 11,761
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	1,637
Liabilities	$ 7,477	$ 11,761

Fair Value - Additional Informa

Fair Value - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Current liability in accounts payable, accrued expenses and other current liabilities	$ 7,500,000		$ 7,500,000		$ 11,800,000
Long-term asset in other assets, net	1,600,000		1,600,000
Accumulated long-term liability	0		0		0
Current asset	0		0		$ 0
Net gains on derivatives	$ 3,300,000	$ 4,300,000	$ 5,900,000	$ 8,600,000

Property, Plant and Equipment -

Property, Plant and Equipment - Components of Property, Plant and Equipment (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 2,314,878	$ 2,265,831
Accumulated depreciation	(1,636,697)	(1,592,999)
Property, plant and equipment, net	678,181	672,832
Cable Systems, Equipment and Customer Devices [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,210,803	2,161,767
Furniture, Fixtures and Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	47,520	47,524
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	37,824	37,831
Buildings and Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	17,181	17,159
Land and Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,550	$ 1,550

Accounts Payable, Accrued Exp27

Accounts Payable, Accrued Expenses and Other Current Liabilities - Summary of Accounts Payable, Accrued Expenses and Other Current Liabilities (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Payables And Accruals [Abstract]
Accounts payable - trade	$ 27,266	$ 28,238
Accrued programming costs	21,385	19,966
Accrued payroll and benefits	14,931	12,090
Accrued taxes and fees	12,820	15,767
Liabilities under interest rate exchange agreements	7,477	11,761
Advance customer payments	7,467	10,922
Accrued interest	7,212	7,247
Accrued property, plant and equipment	7,043	3,586
Accrued service costs	6,058	6,685
Bank overdrafts	2,987	3,822
Accrued telecommunications costs	1,716	1,055
Other accrued expenses	10,653	9,567
Accounts payable, accrued expenses and other current liabilities	$ 127,015	$ 130,706

Debt - Summary of Outstanding D

Debt - Summary of Outstanding Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Total debt	$ 1,218,000	$ 1,255,000
Less: current portion	8,500	8,500
Total long-term debt, less current portion	1,209,500	1,246,500
Bank Credit Facility [Member]
Debt Instrument [Line Items]
Total debt	968,000	1,005,000
7 1/4% Senior Notes Due 2022 [Member]
Debt Instrument [Line Items]
Total debt	$ 250,000	$ 250,000

Debt - Summary of Outstanding29

Debt - Summary of Outstanding Debt (Parenthetical) (Detail) - Jun. 30, 2015 - 7 1/4% Senior Notes Due 2022 [Member]	Total
Debt Instrument [Line Items]
Debt instrument, Interest rate	7.25%
Debt instrument, Maturity	2,022

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Original issue discount, as recorded in other assets, net	$ 2.3	$ 2.6
7 1/4% Senior Notes Due 2022 [Member]
Debt Instrument [Line Items]
Outstanding senior notes	$ 250
Senior notes expiration date	February 2,022
Debt instrument, Interest rate	7.25%
Interest Rate Swap [Member]
Debt Instrument [Line Items]
Interest rate on borrowings	2.70%
Expiration period of revolving credit commitments	2015-12
Weighted average interest rate on outstanding borrowings	4.30%
Interest Rate Swap [Member] | Not Designated as Hedging Instrument [Member]
Debt Instrument [Line Items]
Revolving credit commitment outstanding	$ 500
Forward Interest Rate Swaps [Member]
Debt Instrument [Line Items]
Revolving credit commitment outstanding	$ 300
Interest rate on borrowings	1.50%
Interest rate period	3 years
Maximum [Member] | 7 1/4% Senior Notes Due 2022 [Member]
Debt Instrument [Line Items]
Required debt to operating cash flow	850.00%
Minimum [Member] | 7 1/4% Senior Notes Due 2022 [Member]
Debt Instrument [Line Items]
Required debt to operating cash flow	100.00%
Loans Payable [Member]
Debt Instrument [Line Items]
Revolving credit commitment outstanding	$ 136.3
Letter of Credit [Member]
Debt Instrument [Line Items]
Revolving credit commitment outstanding	9.2
Bank Credit Facility [Member]
Debt Instrument [Line Items]
Revolving credit commitment outstanding	1,057
Unused revolving credit commitments	$ 79.5
Bank Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Leverage ratio	500.00%
Interest coverage ratio	200.00%
Bank Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Leverage ratio	100.00%
Interest coverage ratio	100.00%
Bank Credit Facility [Member] | Revolving Credit Commitments at Present [Member]
Debt Instrument [Line Items]
Revolving credit commitments	$ 225
Expiration date of revolving credit commitments	Feb. 5, 2019
Bank Credit Facility [Member] | Term Loan E [Member]
Debt Instrument [Line Items]
Revolving credit commitment outstanding	$ 237.5
Expiration date of revolving credit commitments	Oct. 23, 2017
Bank Credit Facility [Member] | Term Loan F [Member]
Debt Instrument [Line Items]
Revolving credit commitment outstanding	$ 246.9
Expiration date of revolving credit commitments	Mar. 31, 2018
Bank Credit Facility [Member] | Term Loan G [Member]
Debt Instrument [Line Items]
Revolving credit commitment outstanding	$ 347.4
Expiration date of revolving credit commitments	Jun. 30, 2021

Debt - Fair Values of Senior No

Debt - Fair Values of Senior Notes and Outstanding Debt under Credit Facility (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Total senior notes	$ 263,125	$ 268,125
7 1/4% Senior Notes Due 2022 [Member]
Debt Instrument [Line Items]
Total senior notes	263,125	268,125
Bank Credit Facility [Member]
Debt Instrument [Line Items]
Total senior notes	$ 965,144	$ 985,752

Debt - Fair Values of Senior 32

Debt - Fair Values of Senior Notes and Outstanding Debt under Credit Facility (Parenthetical) (Detail) - Jun. 30, 2015 - 7 1/4% Senior Notes Due 2022 [Member]	Total
Debt Instrument [Line Items]
Debt instrument, Interest rate	7.25%
Debt instrument, Maturity	2,022

Preferred Membership Interest33

Preferred Membership Interest in Affiliated Company - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Jul. 31, 2001
Schedule of Equity Method Investments [Line Items]
Preferred membership investment	$ 150,000		$ 150,000		$ 150,000
Cash dividends on preferred membership interest	4,500	$ 4,500	$ 9,000	$ 9,000
Mediacom Broadband LLC [Member]
Schedule of Equity Method Investments [Line Items]
Preferred membership investment						$ 150,000
Preferred annual cash dividend			12.00%
Cash dividends on preferred membership interest	$ 4,500	$ 4,500	$ 9,000	$ 9,000

Member's Equity - Additional In

Member's Equity - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Equity [Abstract]
Capital distributions to parent	$ 10,100,000	$ 3,500,000
Capital contributions from parent	$ 0	$ 0

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Related Party Transaction [Line Items]
Management fees charged by MCC	$ 3,250	$ 3,200	$ 6,500	$ 6,400
MCC [Member] | Maximum [Member] | Operating Revenues [Member] | Management Fees [Member]
Related Party Transaction [Line Items]
Rate of annual gross operating revenues of our operating subsidiaries			4.50%

Goodwill and Other Intangible36

Goodwill and Other Intangible Assets - Additional Information (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
Intellectual property rights acquired	$ 1,249