[php] Converting timestamp to time ago in PHP e.g 1 day ago, 2 days ago...

Here's my solution for a notification module I built some time ago. It returns output similar to Facebook's notifications dropdown (eg. 1 day ago, Just now, etc).

public function getTimeDifference($time) {
    //Let's set the current time
    $currentTime = date('Y-m-d H:i:s');
    $toTime = strtotime($currentTime);

    //And the time the notification was set
    $fromTime = strtotime($time);

    //Now calc the difference between the two
    $timeDiff = floor(abs($toTime - $fromTime) / 60);

    //Now we need find out whether or not the time difference needs to be in
    //minutes, hours, or days
    if ($timeDiff < 2) {
        $timeDiff = "Just now";
    } elseif ($timeDiff > 2 && $timeDiff < 60) {
        $timeDiff = floor(abs($timeDiff)) . " minutes ago";
    } elseif ($timeDiff > 60 && $timeDiff < 120) {
        $timeDiff = floor(abs($timeDiff / 60)) . " hour ago";
    } elseif ($timeDiff < 1440) {
        $timeDiff = floor(abs($timeDiff / 60)) . " hours ago";
    } elseif ($timeDiff > 1440 && $timeDiff < 2880) {
        $timeDiff = floor(abs($timeDiff / 1440)) . " day ago";
    } elseif ($timeDiff > 2880) {
        $timeDiff = floor(abs($timeDiff / 1440)) . " days ago";
    }

    return $timeDiff;
}