Long-Term Debt and Finance Lease Obligations (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2020

Dec. 31, 2019

Long-Term Debt and Finance Lease Obligations

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

	As of
	June 30, 2020				December 31, 2019
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
	(In thousands)
5 1/8% Senior Notes due 2020 (1)	$	—	$	—	$	1,100,000	$	1,110,208
6 3/4% Senior Notes due 2021 (2)		2,000,000		2,045,100		2,000,000		2,109,420
5 7/8% Senior Notes due 2022		2,000,000		2,043,040		2,000,000		2,129,580
5 % Senior Notes due 2023		1,500,000		1,495,545		1,500,000		1,543,770
5 7/8% Senior Notes due 2024		2,000,000		2,000,340		2,000,000		2,049,080
7 3/4% Senior Notes due 2026		2,000,000		2,130,880		2,000,000		2,128,900
Other notes payable		25,996		25,996		25,996		25,996
Subtotal		9,525,996	$	9,740,901		10,625,996	$	11,096,954
Unamortized deferred financing costs and debt discounts, net		(13,581)				(16,250)
Finance lease obligations (3)		188,809				212,617
Total long-term debt and finance lease obligations (including current portion)	$	9,701,224			$	10,822,363

(4) On May 1, 2020, we redeemed the principal balance of our 5 1/8% Senior Notes due 2020.

(5) Our 6 3/4% Senior Notes due 2021 mature on June 1, 2021 and have been reclassified to “Current portion of long-term debt and finance lease obligations” on our Condensed Consolidated Balance Sheets as of June 30, 2020.

(6) Disclosure regarding fair value of finance leases is not required.

	As of December 31,
	2019				2018
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
	(In thousands)
7 7/8% Senior Notes due 2019 (1)		—		—		1,317,372		1,343,298
5 1/8% Senior Notes due 2020 (2)		1,100,000		1,110,208		1,100,000		1,089,957
6 3/4% Senior Notes due 2021		2,000,000		2,109,420		2,000,000		1,974,940
5 7/8% Senior Notes due 2022		2,000,000		2,129,580		2,000,000		1,833,140
5 % Senior Notes due 2023		1,500,000		1,543,770		1,500,000		1,247,445
5 7/8% Senior Notes due 2024		2,000,000		2,049,080		2,000,000		1,611,960
7 3/4% Senior Notes due 2026		2,000,000		2,128,900		2,000,000		1,653,720
Other notes payable		25,996		25,996		10,346		10,346
Subtotal		10,625,996	$	11,096,954		11,927,718	$	10,764,806
Unamortized deferred financing costs and debt discounts, net		(16,250)				(23,215)
Finance lease obligations (3)		212,617				66,984
Total long-term debt and finance lease obligations (including current portion)	$	10,822,363			$	11,971,487

(1) On September 3, 2019, we redeemed the principal balance of our 7 7/8% Senior Notes due 2019.

(2) Our 5 1/8% Senior Notes due 2020 mature on May 1, 2020 and have been reclassified to “Current portion of long-term debt and finance lease obligations” on our Consolidated Balance Sheets as of December 31, 2019. We will either fund this obligation from cash and marketable investment securities balances at that time and/or advances from our parent, DISH Network or, depending on market conditions, we may refinance this obligation, in whole or in part.

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

Schedule of interest on long-term debt

		Annual
	Semi-Annual	Debt Service
	Payment Dates	Requirements
		(In thousands)
5 1/8% Senior Notes due 2020 (1)	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
7 3/4% Senior Notes due 2026	January 1 and July 1	$	155,000

(1) Our 5 1/8% Senior Notes due 2020 mature on May 1, 2020 and have been reclassified to “Current portion of long-term debt and finance lease obligations” on our Consolidated Balance Sheets as of December 31, 2019.

Schedule of other long term debt and capital lease obligations

	As of December 31,
	2019		2018
	(In thousands)
Satellites and other finance lease obligations	$	212,617	$	66,984
Notes payable related to satellite vendor financing and other debt payable in installments through 2025 with interest rates of approximately 6.0%		25,996		10,346
Total		238,613		77,330
Less: current portion		(51,108)		(21,155)
Other long-term debt and finance lease obligations, net of current portion	$	187,505	$	56,175