Mediacom 10-Q 6 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	Mar. 31, 2016shares
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
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	Mar. 31, 2016	Dec. 31, 2015
CURRENT ASSETS
Cash	$ 8,106	$ 8,446
Accounts receivable, net of allowance for doubtful accounts of $1,939 and $2,267	40,126	42,576
Accounts receivable - affiliates	16,163	2,970
Prepaid expenses and other current assets	13,831	10,779
Total current assets	78,226	64,771
Preferred membership interest in affiliated company (Note 7)	150,000	150,000
Property, plant and equipment, net of accumulated depreciation of $1,688,156 and $1,671,048	696,222	689,897
Franchise rights	614,731	614,731
Goodwill	23,911	23,911
Subscriber lists, net of accumulated amortization of $118,295 and $118,291	47	51
Other assets, net of accumulated amortization of $1,531 and $1,366	5,555	6,940
Total assets	1,568,692	1,550,301
CURRENT LIABILITIES
Accounts payable, accrued expenses and other current liabilities	113,159	126,410
Deferred revenue	30,558	29,383
Current portion of long-term debt	14,554	14,555
Total current liabilities	158,271	170,348
Long-term debt, net (less current portion)	1,145,012	1,144,660
Other non-current liabilities	5,662	2,577
Total liabilities	$ 1,308,945	$ 1,317,585
Commitments and contingencies (Note 10)
MEMBER'S EQUITY
Capital contributions	$ 461,122	$ 461,101
Accumulated deficit	(201,375)	(228,385)
Total member's equity	259,747	232,716
Total liabilities and member's equity	$ 1,568,692	$ 1,550,301

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts	$ 1,939	$ 2,267
Accumulated depreciation on property, plant and equipment	1,688,156	1,671,048
Accumulated amortization on Intangible assets	118,295	118,291
Accumulated amortization on other assets	$ 1,531	$ 1,366

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Statement [Abstract]
Revenues	$ 189,569	$ 180,044
Costs and expenses:
Service costs (exclusive of depreciation and amortization)	84,951	80,644
Selling, general and administrative expenses	30,340	28,844
Management fee expense	3,650	3,250
Depreciation and amortization	29,907	29,894
Operating income	40,721	37,412
Interest expense, net	(13,070)	(15,978)
(Loss) gain on derivatives, net	(4,697)	2,578
Investment income from affiliate (Note 7)	4,500	4,500
Other expense, net	(444)	(229)
Net income	$ 27,010	$ 28,283

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 27,010,000	$ 28,283,000
Adjustments to reconcile net income to net cash flows provided by operating activities:
Depreciation and amortization	29,907,000	29,894,000
Loss (gain) on derivatives, net	4,697,000	(2,578,000)
Amortization of deferred financing costs	734,000	722,000
Changes in assets and liabilities:
Accounts receivable, net	2,450,000	7,351,000
Accounts receivable - affiliates	(13,193,000)	(3,606,000)
Prepaid expenses and other assets	(2,927,000)	(4,572,000)
Accounts payable, accrued expenses and other current liabilities	(12,108,000)	(1,877,000)
Accounts payable - affiliates		(1,463,000)
Deferred revenue	1,175,000	736,000
Other non-current liabilities	(43,000)
Net cash flows provided by operating activities	37,702,000	52,890,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(36,218,000)	(28,580,000)
Change in accrued property, plant and equipment	(914,000)	603,000
Proceeds from sale of assets	42,000	41,000
Acquisition of other intangible assets		(1,249,000)
Net cash flows used in investing activities	(37,090,000)	(29,185,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
New borrowings of bank debt	48,000,000	43,000,000
Repayment of bank debt	(48,250,000)	(60,000,000)
Capital distributions to parent (Note 8)	0	(5,000,000)
Other financing activities	(702,000)	(545,000)
Net cash flows used in financing activities	(952,000)	(22,545,000)
Net change in cash	(340,000)	1,160,000
CASH, beginning of period	8,446,000	8,720,000
CASH, end of period	8,106,000	9,880,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid during the period for interest, net of amounts capitalized	$ 17,130,000	$ 19,820,000

ORGANIZATION

ORGANIZATION	3 Months Ended
	Mar. 31, 2016
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 statement 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, 2015. 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, 2016. 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 $3.0 million for the three months ended March 31, 2016 and 2015, respectively. Reclassifications Certain reclassifications have been made to prior year amounts to conform to the current year presentation.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Mar. 31, 2016
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 - Revenue from Contracts with Customers Financial Reporting by Cable Television Companies Revenue from Contracts with Customers, In April 2015 (as amended in August 2015), the FASB issued ASU No. 2015-03 (and ASU 2015-15) - 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 In February 2016, the FASB issued ASU 2016-02 - Leases

FAIR VALUE

FAIR VALUE	3 Months Ended
	Mar. 31, 2016
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 March 31, 2016 Level 1 Level 2 Level 3 Total Assets Interest rate exchange agreements $ — $ — $ — $ — Liabilities Interest rate exchange agreements $ — $ 6,098 $ — $ 6,098 Fair Value as of December 31, 2015 Level 1 Level 2 Level 3 Total Assets Interest rate exchange agreements $ — $ 1,096 $ — $ 1,096 Liabilities Interest rate exchange agreements $ — $ 2,497 $ — $ 2,497 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 March 31, 2016, we recorded a current liability in accounts payable, accrued expenses and other current liabilities of $3.0 million, a long-term liability in other non-current liabilities of $3.1 million, and no current or long-term assets. As of December 31, 2015, we recorded a long term asset of $1.1 million, and a current liability in accounts payable, accrued expenses and other current liabilities of $2.5 million. As of December 31, 2015, we recorded no current assets or long-term liabilities. As a result of the changes in the mark-to-market valuations on our interest rate swaps, we recorded a net loss on derivatives of $4.7 million and a net gain on derivatives of $2.6 million for the three months ended March 31, 2016 and 2015, respectively.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	3 Months Ended
	Mar. 31, 2016
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): March 31, December 31, 2016 2015 Cable systems, equipment and customer devices $ 2,283,187 $ 2,257,473 Furniture, fixtures and office equipment 43,201 44,878 Vehicles 38,910 39,531 Buildings and leasehold improvements 17,530 17,513 Land and land improvements 1,550 1,550 Property, plant and equipment, gross $ 2,384,378 $ 2,360,945 Accumulated depreciation (1,688,156 ) (1,671,048 ) Property, plant and equipment, net $ 696,222 $ 689,897

ACCOUNTS PAYABLE, ACCRUED EXPEN

ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	3 Months Ended
	Mar. 31, 2016
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): March 31, December 31, 2016 2015 Accounts payable - trade $ 22,620 $ 32,722 Accrued programming costs 21,398 20,433 Accrued payroll and benefits 11,917 10,898 Accrued taxes and fees 11,474 13,138 Accrued property, plant and equipment 9,042 9,956 Advance customer payments 8,650 8,009 Accrued service costs 6,376 6,035 Bank overdrafts (1) 5,329 6,031 Accrued interest 4,493 9,051 Liabilities under interest rate exchange agreements 2,970 2,497 Accrued telecommunications costs 1,356 1,473 Other accrued expenses 7,534 6,167 Accounts payable, accrued expenses and other current liabilities $ 113,159 $ 126,410 (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	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
DEBT	6. DEBT Outstanding debt consisted of the following (dollars in thousands): March 31, December 31, 2016 2015 Bank credit facility $ 920,000 $ 920,250 7 ¼ 250,000 250,000 Total debt $ 1,170,000 $ 1,170,250 Less: current portion 14,554 14,555 Total long-term debt, gross (less current portion) $ 1,155,446 $ 1,155,695 Less: deferred financing costs, net 10,434 11,035 Total long-term debt, net (less current portion) $ 1,145,012 $ 1,144,660 Bank Credit Facility As of March 31, 2016, we maintained a $1.187 billion bank credit facility (the “credit facility”), comprising: · $362.5 million of revolving credit commitments, which expire on February 5, 2019; · $151.6 million of outstanding borrowings under Term Loan A, which mature on November 15, 2021; · $82.9 million of outstanding borrowings under Term Loan E, which mature on October 23, 2017; · $245.0 million of outstanding borrowings under Term Loan F, which mature on March 31, 2018; and · $344.8 million of outstanding borrowings under Term Loan G, which mature on June 30, 2021. As of March 31, 2016, we had $258.5 million of unused revolving credit commitments, all of which were available to be borrowed and used for general corporate purposes, after giving effect to $95.8 million of outstanding loans and $8.2 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 March 31, 2016, 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 March 31, 2016, our operating subsidiaries were in compliance with all covenants under the credit agreement. Interest Rate Swaps We have entered into several interest rate exchange agreements (which we refer to as “interest rate swaps”) with various banks 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 months ended, March 31, 2016 and 2015. As of March 31, 2016, we had interest rate swaps that fixed the variable portion of $400 million of borrowings at a rate of 1.5%, all of which are scheduled to expire during December 2018. As of March 31, 2016, the weighted average interest rate on outstanding borrowings under the credit facility, including the effect of our interest rate swaps, was 3.5%. Senior Notes As of March 31, 2016, we had $250 million of outstanding senior notes, all of which comprised our 7 ¼ ¼ ¼ Deferred Financing Costs We adopted ASU 2015-03 and ASU 2015-15 as of January 1, 2016 and implemented retrospectively as of December 31, 2015. We reclassified $10.4 million of deferred financing costs from other assets, net to long-term debt, net (less current portion) as of March 31, 2016 in accordance with such guidance. We reclassified $11.0 million of deferred financing costs from other assets, net to long-term debt, net (less current portion) as of December 31, 2015 in accordance with such guidance. See Note 2. 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 a stable outlook. 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 bank credit facility are calculated based upon unobservable inputs that are corroborated by market data that we determine to be Level 2. The fair value of our senior notes and outstanding debt under the credit facility were as follows (dollars in thousands): March 31, December 31, 2016 2015 7¼% senior notes due 2022 259,375 251,250 Total senior notes $ 259,375 $ 251,250 Bank credit facility $ 917,628 $ 912,944

PREFERRED MEMBERSHIP INTEREST I

PREFERRED MEMBERSHIP INTEREST IN AFFILIATED COMPANY	3 Months Ended
	Mar. 31, 2016
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 March 31, 2016 and 2015.

MEMBER'S EQUITY

MEMBER'S EQUITY	3 Months Ended
	Mar. 31, 2016
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 no capital distributions to parent and no capital contributions were received from parent during the three months ended March 31, 2016. We made capital distributions to parent of $5.0 million and received no capital contributions from parent during the three months ended March 31, 2015.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2016
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 $3.7 million and $3.3 million for the three months ended March 31, 2016 and 2015, respectively. We are a preferred equity investor in Mediacom Broadband LLC. See Note 7.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2016
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	3 Months Ended
	Mar. 31, 2016
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, 2015 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. We last evaluated our other intangible assets as of October 1, 2015 and did not believe that it was “more likely than not” that an impairment existed at that time. Because we believe there has not been a meaningful change in the long-term fundamentals of our business during the first three months of 2016, we determined that there has been no triggering event under ASC 350 and, as such, no interim impairment test was required for our goodwill and other intangible assets as of March 31, 2016.

ORGANIZATION (Policies)

ORGANIZATION (Policies)	3 Months Ended
	Mar. 31, 2016
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 statement 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, 2015. 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, 2016. 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 $3.0 million for the three months ended March 31, 2016 and 2015, respectively.
Reclassifications	Reclassifications Certain reclassifications have been made to prior year amounts to conform to the current year presentation.

FAIR VALUE (Tables)

FAIR VALUE (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value of Interest Rate Swap Assets and Liabilities	Fair Value as of March 31, 2016 Level 1 Level 2 Level 3 Total Assets Interest rate exchange agreements $ — $ — $ — $ — Liabilities Interest rate exchange agreements $ — $ 6,098 $ — $ 6,098 Fair Value as of December 31, 2015 Level 1 Level 2 Level 3 Total Assets Interest rate exchange agreements $ — $ 1,096 $ — $ 1,096 Liabilities Interest rate exchange agreements $ — $ 2,497 $ — $ 2,497

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	3 Months Ended
	Mar. 31, 2016
Property Plant And Equipment [Abstract]
Components of Property, Plant and Equipment	Property, plant and equipment consisted of the following (dollars in thousands): March 31, December 31, 2016 2015 Cable systems, equipment and customer devices $ 2,283,187 $ 2,257,473 Furniture, fixtures and office equipment 43,201 44,878 Vehicles 38,910 39,531 Buildings and leasehold improvements 17,530 17,513 Land and land improvements 1,550 1,550 Property, plant and equipment, gross $ 2,384,378 $ 2,360,945 Accumulated depreciation (1,688,156 ) (1,671,048 ) Property, plant and equipment, net $ 696,222 $ 689,897

ACCOUNTS PAYABLE, ACCRUED EXP20

ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2016
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): March 31, December 31, 2016 2015 Accounts payable - trade $ 22,620 $ 32,722 Accrued programming costs 21,398 20,433 Accrued payroll and benefits 11,917 10,898 Accrued taxes and fees 11,474 13,138 Accrued property, plant and equipment 9,042 9,956 Advance customer payments 8,650 8,009 Accrued service costs 6,376 6,035 Bank overdrafts (1) 5,329 6,031 Accrued interest 4,493 9,051 Liabilities under interest rate exchange agreements 2,970 2,497 Accrued telecommunications costs 1,356 1,473 Other accrued expenses 7,534 6,167 Accounts payable, accrued expenses and other current liabilities $ 113,159 $ 126,410 (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)	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Summary of Outstanding Debt	Outstanding debt consisted of the following (dollars in thousands): March 31, December 31, 2016 2015 Bank credit facility $ 920,000 $ 920,250 7 ¼ 250,000 250,000 Total debt $ 1,170,000 $ 1,170,250 Less: current portion 14,554 14,555 Total long-term debt, gross (less current portion) $ 1,155,446 $ 1,155,695 Less: deferred financing costs, net 10,434 11,035 Total long-term debt, net (less current portion) $ 1,145,012 $ 1,144,660
Fair Values of Senior Notes and Outstanding Debt under Credit Facility	The fair values of our senior notes and outstanding debt under the bank credit facility are calculated based upon unobservable inputs that are corroborated by market data that we determine to be Level 2. The fair value of our senior notes and outstanding debt under the credit facility were as follows (dollars in thousands): March 31, December 31, 2016 2015 7¼% senior notes due 2022 259,375 251,250 Total senior notes $ 259,375 $ 251,250 Bank credit facility $ 917,628 $ 912,944

Organization - Additional Infor

Organization - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Amount due from affiliate by subsidiary	$ 100
Franchise fees imposed by local governmental authorities	$ 3,100,000	$ 3,000,000

Recent Accounting Pronounceme23

Recent Accounting Pronouncements - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Accounting Changes And Error Corrections [Abstract]
Reclassification of deferred financing costs from other assets to long-term debt, net	$ 10.4	$ 11

Fair Value - Fair Value of Inte

Fair Value - Fair Value of Interest Rate Swap Assets and Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	$ 2,970	$ 2,497
Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		1,096
Liabilities	6,098	2,497
Level 2 [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		1,096
Liabilities	$ 6,098	$ 2,497

Fair Value - Additional Informa

Fair Value - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Current liability in accounts payable, accrued expenses and other current liabilities	$ 3,000,000		$ 2,500,000
Long-term liability	3,100,000		0
Long term assets	0		1,100,000
Current assets	0		$ 0
Net gain (loss) on derivatives	$ (4,700,000)	$ 2,600,000

Property, Plant and Equipment -

Property, Plant and Equipment - Components of Property, Plant and Equipment (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 2,384,378	$ 2,360,945
Accumulated depreciation	(1,688,156)	(1,671,048)
Property, plant and equipment, net	696,222	689,897
Cable Systems, Equipment and Customer Devices [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,283,187	2,257,473
Furniture, Fixtures and Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	43,201	44,878
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	38,910	39,531
Buildings and Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	17,530	17,513
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	Mar. 31, 2016	Dec. 31, 2015
Payables And Accruals [Abstract]
Accounts payable - trade	$ 22,620	$ 32,722
Accrued programming costs	21,398	20,433
Accrued payroll and benefits	11,917	10,898
Accrued taxes and fees	11,474	13,138
Accrued property, plant and equipment	9,042	9,956
Advance customer payments	8,650	8,009
Accrued service costs	6,376	6,035
Bank overdrafts	5,329	6,031
Accrued interest	4,493	9,051
Liabilities under interest rate exchange agreements	2,970	2,497
Accrued telecommunications costs	1,356	1,473
Other accrued expenses	7,534	6,167
Accounts payable, accrued expenses and other current liabilities	$ 113,159	$ 126,410

Debt - Summary of Outstanding D

Debt - Summary of Outstanding Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total debt	$ 1,170,000	$ 1,170,250
Less: current portion	14,554	14,555
Total long-term debt, gross (less current portion)	1,155,446	1,155,695
Less: deferred financing costs, net	10,434	11,035
Total long-term debt, net (less current portion)	1,145,012	1,144,660
Bank Credit Facility [Member]
Debt Instrument [Line Items]
Total debt	920,000	920,250
7 ¼% 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) - 7 ¼% Senior Notes Due 2022 [Member]	3 Months Ended
	Mar. 31, 2016
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	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Reclassification of deferred financing costs from other assets to long-term debt, net	$ 10.4	$ 11
7 ¼% Senior Notes Due 2022 [Member]
Debt Instrument [Line Items]
Outstanding senior notes	$ 250
Senior notes expiration date	2022-02
Debt instrument, Interest rate	7.25%
Interest Rate Swap [Member]
Debt Instrument [Line Items]
Interest rate on borrowings	1.50%
Expiration period of revolving credit commitments	2018-12
Weighted average interest rate on outstanding borrowings	3.50%
Interest Rate Swap [Member] | Not Designated as Hedging Instrument [Member]
Debt Instrument [Line Items]
Revolving credit commitment outstanding	$ 400
Maximum [Member] | 7 ¼% Senior Notes Due 2022 [Member]
Debt Instrument [Line Items]
Required debt to operating cash flow	850.00%
Minimum [Member] | 7 ¼% 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	$ 95.8
Letter of Credit [Member]
Debt Instrument [Line Items]
Revolving credit commitment outstanding	8.2
Bank Credit Facility [Member]
Debt Instrument [Line Items]
Revolving credit commitment outstanding	1,187
Unused revolving credit commitments	$ 258.5
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	$ 362.5
Expiration date of revolving credit commitments	Feb. 5, 2019
Bank Credit Facility [Member] | Term Loan A [Member]
Debt Instrument [Line Items]
Revolving credit commitment outstanding	$ 151.6
Expiration date of revolving credit commitments	Nov. 15, 2021
Bank Credit Facility [Member] | Term Loan E [Member]
Debt Instrument [Line Items]
Revolving credit commitment outstanding	$ 82.9
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	$ 245
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	$ 344.8
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	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total senior notes	$ 259,375	$ 251,250
7 ¼% Senior Notes Due 2022 [Member]
Debt Instrument [Line Items]
Total senior notes	259,375	251,250
Bank Credit Facility [Member]
Debt Instrument [Line Items]
Total senior notes	$ 917,628	$ 912,944

Debt - Fair Values of Senior 32

Debt - Fair Values of Senior Notes and Outstanding Debt under Credit Facility (Parenthetical) (Detail) - 7 ¼% Senior Notes Due 2022 [Member]	3 Months Ended
	Mar. 31, 2016
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
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Jul. 31, 2001
Schedule of Equity Method Investments [Line Items]
Preferred membership investment	$ 150,000		$ 150,000
Cash dividends on preferred membership interest	$ 4,500	$ 4,500
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

Member's Equity - Additional In

Member's Equity - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Equity [Abstract]
Capital distributions to parent	$ 0	$ 5,000,000
Received capital contributions from parent	$ 0	$ 0

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Related Party Transaction [Line Items]
Management fees charged by MCC	$ 3,650	$ 3,250
MCC [Member]
Related Party Transaction [Line Items]
Management fees charged by MCC	$ 3,700	$ 3,300
Management Fees [Member] | MCC [Member] | Maximum [Member] | Operating Revenues [Member]
Related Party Transaction [Line Items]
Rate of annual gross operating revenues of our operating subsidiaries	4.50%