Debt (Tables)

3 Months Ended

Mar. 31, 2017

Debt

Schedule of debt

	March 31,		December 31,
	2017		2016
	(In thousands)
Outstanding debt principal balances:
Facility	$	700,000	$	850,000
Senior Notes		525,000		525,000
Total		1,225,000		1,375,000
Unamortized deferred financing costs and discounts(1)		(50,323)		(53,126)
Long-term debt, net	$	1,174,677	$	1,321,874

(1) Includes $28.5 million and $30.3 million of unamortized deferred financing costs related to the Facility and $21.8 million and $22.8 million of unamortized deferred financing costs and discounts related to the Senior Notes as of March 31, 2017 and December 31, 2016, respectively.

Schedule of estimated repayments of debt

	Payments Due by Year
	Total		2017(2)		2018		2019		2020		2021		Thereafter
	(In thousands)
Principal debt repayments(1)	$	1,225,000	$	—	$	—	$	100,377	$	404,971	$	719,652	$	—

(1) Includes the scheduled principal maturities for the $525.0 million aggregate principal amount of Senior Notes issued in August 2014 and April 2015 and the Facility. The scheduled maturities of debt related to the Facility are based on, as of March 31, 2017, our level of borrowings and our estimated future available borrowing base commitment levels in future periods. 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, 2017, there were no borrowings under the Corporate Revolver.

(2) Represents payments for the period April 1, 2017 through December 31, 2017.

Schedule of interest and other financing costs, net

	Three Months Ended March 31,
	2017		2016
	(In thousands)
Interest expense	$	23,181	$	20,948
Amortization—deferred financing costs		2,551		2,551
Capitalized interest		(9,559)		(16,446)
Deferred interest		315		(407)
Interest income		(980)		(368)
Other, net		1,278		4,046
Interest and other financing costs, net	$	16,786	$	10,324