Debt (Tables)

3 Months Ended

Mar. 31, 2015

Debt

Schedule of debt

	March 31,			December 31,
	2015			2014
	(In thousands)
Outstanding debt principal balances:
Facility	$	500,000		$	500,000
Senior Notes(1)	300,000			300,000
Total	800,000			800,000
Unamortized issuance discounts	(5,566		)	(5,731		)
Long-term debt	$	794,434		$	794,269

(1) During April 2015, we issued an additional $225.0 million Senior Notes and received net proceeds of $206.8 million after deducting discounts, commissions and other expenses.

Schedule of estimated repayments of debt

At March 31, 2015, the estimated repayments of debt during the five fiscal year periods and thereafter are as follows:

	Payments Due by Year
	2015(2)		2016		2017		2018		2019		Thereafter
	(In thousands)
Principal debt repayments(1)	$	—	$	—	$	—	$	—	$	—	$	800,000

(1) Includes the scheduled principal maturities for the $300.0 million aggregate principal amount of Senior Notes issued in August 2014 and the Facility. The scheduled maturities of debt related to the Facility are based on the level of borrowings and the estimated future available borrowing base as of March 31, 2015. Any increases or decreases in the level of borrowings or increases or decreases in the available borrowing base would impact the scheduled maturities of debt during the next five years and thereafter. As of March 31, 2015, there were no borrowings under the Corporate Revolver.

(2) Represents payments for the period April 1, 2015 through December 31, 2015.

Schedule of interest and other financing costs, net

	Three Months Ended March 31,
	2015			2014
	(In thousands)
Interest expense	$	15,397		$	10,996
Amortization—deferred financing costs	2,610			2,786
Loss on extinguishment of debt	—			2,898
Capitalized interest	(8,840		)	(3,801		)
Deferred interest	1,154			(4,111		)
Interest income	(168		)	(58		)
Other, net	598			427
Interest and other financing costs, net	$	10,751		$	9,137