Debt (Tables)

6 Months Ended

Jun. 30, 2021

Schedule of Obligations Under Debt Arrangements

Our obligations under debt arrangements consisted of the following:


	June 30, 2021						December 31, 2020
	Principal		Unamortized Premium and Debt Issuance Costs		Net Value		Principal		Unamortized Debt Issuance Costs		Net Value
Senior secured credit facility-Revolving Loan (1)	$	118,200	$	—	$	118,200	$	643,700	$	—	$	643,700
Senior secured credit facility-Term Loan (2)	300,000		2,547		297,453		—		—		—
6.000% senior unsecured notes due 2023	—		—		—		80,859		504		80,355
5.625% senior unsecured notes due 2024	341,135		2,534		338,601		341,135		2,963		338,172
6.500% senior unsecured notes due 2025	534,834		5,046		529,788		534,834		5,639		529,195
6.250% senior unsecured notes due 2026	359,799		3,799		356,000		359,799		4,189		355,610
8.000% senior unsecured notes due 2027	1,000,000		7,401		992,599		750,000		13,022		736,978
7.750% senior unsecured notes due 2028	720,975		10,474		710,501		720,975		11,269		709,706
Total long-term debt	$	3,374,943	$	31,801	$	3,343,142	$	3,431,302	$	37,586	$	3,393,716

(1) Unamortized debt issuance costs associated with our senior secured credit facility Revolving Loan, as defined below (included in Other Long Term Assets on the Unaudited Condensed Consolidated Balance Sheets), were $5.5 million and $5.8 million as of June 30, 2021 and December 31, 2020, respectively.

(2) Unamortized debt issuance costs associated with our senior secured credit facility Term Loan, as defined below (included in Senior Secured Credit Facility, net on the Unaudited Condensed Consolidated Balance Sheets), was $2.5 million as of June 30, 2021.

Schedule of Principal Repayments of Term Loan

At June 30, 2021, we had $300 million borrowed under our Term Loan. Principal repayments on the Term Loan under our new credit agreement are as follows:


Year	Principal Due (1)
2021	$	15,000
2022	60,000
2023	100,000
2024	125,000

(1) Principal repayments of $15 million are due at the end of each calendar quarter starting December 31, 2021 until December 31, 2022. Principal repayments of $25 million are due at the end of each calendar quarter during 2023, with the remaining balance due at the maturity date of March 15, 2024. We intend to make the scheduled repayments on our Term Loan with the available borrowing capacity under our Revolving Loan.