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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2020
Debt Instrument [Line Items]  
Summary of Long-Term Debt
Long-term debt consisted of the following (in millions):
 
June 30, 2020
 
December 31, 2019
Borrowings under third amended and restated senior secured revolving credit agreement with third-party lenders, interest payments quarterly, borrowings due February 2023, weighted average interest rates of 2.8% and 4.3% for the six months ended June 30, 2020 and the year ended December 31, 2019, respectively
$
110.3

 
$

Borrowings under 2022 Notes, interest at a fixed rate of 7.625%, interest payments semiannually, borrowings due January 2022, effective interest rate of 8.1% for the six months ended June 30, 2020 and the year ended December 31, 2019, respectively. (1)
350.9

 
351.1

Borrowings under 2023 Notes, interest at a fixed rate of 7.75%, interest payments semiannually, borrowings due April 2023, effective interest rate of 8.1% for the six months ended June 30, 2020 and the year ended December 31, 2019, respectively.
325.0

 
325.0

Borrowings under 2025 Notes, interest at a fixed rate of 11.0%, interest payments semiannually, borrowings due April 2025, effective interest rate of 11.3% and 11.2% for the six months ended June 30, 2020 and the year ended December 31, 2019, respectively.
550.0

 
550.0

Other
3.0

 
3.8

Finance lease obligations, at various interest rates, interest and monthly principal payments
3.9

 
2.7

Less unamortized debt issuance costs (2)
(16.0
)
 
(18.4
)
Less unamortized discounts
(2.3
)
 
(2.9
)
Total debt
$
1,324.8

 
$
1,211.3

Less current portion of long-term debt
2.1

 
1.8

Total long-term debt
$
1,322.7

 
$
1,209.5


 
(1) 
The balance includes a fair value interest rate hedge adjustment, which increased the debt balance by $0.9 million and $1.1 million as of June 30, 2020 and December 31, 2019, respectively.
(2) 
Deferred debt issuance costs are being amortized by the effective interest rate method over the lives of the related debt instruments. These amounts are net of accumulated amortization of $18.1 million and $15.7 million at June 30, 2020 and December 31, 2019, respectively.
Summary of Principal Payments on Debt Obligations and Future Minimum Rentals on Capital Lease Obligations
As of June 30, 2020, principal payments on debt obligations and future minimum rentals on finance lease obligations are as follows (in millions):
Year
Maturity
2020
$
1.0

2021
2.9

2022
350.6

2023
436.0

2024
0.7

Thereafter
551.0

Total
$
1,342.2