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LONG-TERM DEBT (Tables)
6 Months Ended
Jun. 30, 2021
LONG-TERM DEBT  
Schedule of long-term debt

    

June 30, 2021

    

December 31, 2020

(Unaudited)

(In thousands)

7.375% Senior Secured Notes due February 2028

$

825,000

$

PPP Loan

7,505

2018 Credit Facility

129,935

MGM National Harbor Loan

 

 

57,889

2017 Credit Facility

 

 

317,332

8.75% Senior Secured Notes due December 2022

 

 

347,016

7.375% Senior Secured Notes due April 2022

 

 

2,984

Total debt

 

832,505

 

855,156

Less: current portion of long-term debt

 

 

23,362

Less: original issue discount and issuance costs

 

14,731

 

12,870

Long-term debt, net

$

817,774

$

818,924

Schedule of future scheduled minimum principal payments

Future scheduled minimum principal payments of debt as of June 30, 2021, are as follows:

7.375% Senior

 

Secured Notes due

February 2028

PPP Loan

Total

(In thousands)

July - December 2021

 

$

 

$

 

$

2022

2023

2024

2025

2026 and thereafter

825,000

7,505

832,505

Total Debt

 

$

825,000

 

$

7,505

 

$

832,505