Long-Term Debt (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2016

Dec. 31, 2015

Long-Term Debt

Schedule of carrying and fair values of the entity's debt facilities

	As of
	June 30, 2016				December 31, 2015
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
	(In thousands)
7 1/8% Senior Notes due 2016 (1)	$	—	$	—	$	1,500,000	$	1,506,750
4 5/8% Senior Notes due 2017		900,000		914,211		900,000		922,770
4 1/4% Senior Notes due 2018		1,200,000		1,235,172		1,200,000		1,207,560
7 7/8% Senior Notes due 2019		1,400,000		1,550,500		1,400,000		1,525,440
5 1/8% Senior Notes due 2020		1,100,000		1,133,000		1,100,000		1,100,000
6 3/4% Senior Notes due 2021		2,000,000		2,086,240		2,000,000		2,021,020
5 7/8% Senior Notes due 2022		2,000,000		1,962,500		2,000,000		1,889,780
5 % Senior Notes due 2023		1,500,000		1,376,775		1,500,000		1,297,500
5 7/8% Senior Notes due 2024		2,000,000		1,909,000		2,000,000		1,765,000
7 3/4% Senior Notes due 2026		2,000,000		2,066,260		—		—
Other notes payable		13,686		13,686		13,686		13,686
Subtotal		14,113,686	$	14,247,344		13,613,686	$	13,249,506
Unamortized deferred financing costs and debt discounts, net		(44,779)				(41,563)
Capital lease obligations (2)		151,891				166,492
Total long-term debt and capital lease obligations (including current portion)	$	14,220,798			$	13,738,615

(1) On February 1, 2016, we redeemed the principal balance of our 7 1/8% Senior Notes due 2016.

(2) Disclosure regarding fair value of capital leases is not required.

	As of December 31,
	2015				2014
	Carrying Value		Fair Value		Carrying Value		Fair Value
	(In thousands)
7 3/4% Senior Notes due 2015 (1)	$	—	$	—	$	650,001	$	664,321
7 1/8% Senior Notes due 2016 (2)		1,500,000		1,506,750		1,500,000		1,580,625
4 5/8% Senior Notes due 2017		900,000		922,770		900,000		933,750
4 1/4% Senior Notes due 2018		1,200,000		1,207,560		1,200,000		1,245,600
7 7/8% Senior Notes due 2019		1,400,000		1,525,440		1,400,000		1,589,700
5 1/8% Senior Notes due 2020		1,100,000		1,100,000		1,100,000		1,100,000
6 3/4% Senior Notes due 2021		2,000,000		2,021,020		2,000,000		2,157,500
5 7/8% Senior Notes due 2022		2,000,000		1,889,780		2,000,000		2,055,000
5 % Senior Notes due 2023		1,500,000		1,297,500		1,500,000		1,470,000
5 7/8% Senior Notes due 2024		2,000,000		1,765,000		2,000,000		2,019,800
Other notes payable		13,686		13,686		14,701		14,701
Subtotal		13,613,686	$	13,249,506		14,264,702	$	14,830,997
Unamortized deferred financing costs and debt discounts, net		(41,563)				(51,473)
Capital lease obligations (3)		166,492				194,669
Total long-term debt and capital lease obligations (including current portion)	$	13,738,615			$	14,407,898

(1) On June 1, 2015, we redeemed the principal balance of our 7 3/4% Senior Notes due 2015.

(2) On February 1, 2016, we redeemed the principal balance of our 7 1/8% Senior Notes due 2016.

(3) Disclosure regarding fair value of capital leases is not required.

Schedule of interest on long-term debt

		Annual
	Semi-Annual	Debt Service
	Payment Dates	Requirements
		(In thousands)
4 5/8% Senior Notes due 2017	January 15 and July 15	$	41,625
4 1/4% Senior Notes due 2018	April 1 and October 1	$	51,000
7 7/8% Senior Notes due 2019	March 1 and September 1	$	110,250
5 1/8% Senior Notes due 2020	May 1 and November 1	$	56,375
6 3/4% Senior Notes due 2021	June 1 and December 1	$	135,000
5 7/8% Senior Notes due 2022	January 15 and July 15	$	117,500
5% Senior Notes due 2023	March 15 and September 15	$	75,000
5 7/8% Senior Notes due 2024	May 15 and November 15	$	117,500

Schedule of other long term debt and capital lease obligations

	As of December 31,
	2015		2014
	(In thousands)
Satellites and other capital lease obligations	$	166,492	$	194,669
Notes payable related to satellite vendor financing and other debt payable in installments through 2025 with interest rates ranging from approximately 6.0% to 12.5%		13,686		14,701
Total		180,178		209,370
Less: current portion		(31,928)		(29,148)
Other long-term debt and capital lease obligations, net of current portion	$	148,250	$	180,222

Future minimum lease payments under capital lease obligations

For the Years Ended December 31,
2016	$	76,676
2017		75,874
2018		75,849
2019		50,320
2020		48,000
Thereafter		64,000
Total minimum lease payments		390,719
Less:  Amount representing lease of the orbital location and estimated executory costs (primarily insurance and maintenance) including profit thereon, included in total minimum lease payments		(186,742)
Net minimum lease payments		203,977
Less:  Amount representing interest		(37,485)
Present value of net minimum lease payments		166,492
Less:  Current portion		(30,849)
Long-term portion of capital lease obligations	$	135,643