Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2015

Long-Term Debt

Schedule of the company's long-term debt

The Company’s long-term debt as of June 30, 2015 and December 31, 2014 is as follows (in thousands):

	December 31, 2014 Carrying Value		Borrowings		Repayments			Exchanges			Deferred Gain on Forgiven Debt			Amortization of Forgiven Debt			PIK Interest		June 30, 2015 Carrying Value
Credit Facility	$	435,150	$	33,000	$	(468,150	)	$	—		$	—		$	—		$	—	$	—
2020 Senior Notes	600,000		—		—			(242,445		)	(63,930		)	—			—		293,625
2021 Senior Notes	700,000		—		—			(281,676		)	(70,672		)	—			—		347,652
Second Lien Notes	—		625,000		—			—			47,082			(896		)	—		671,186
Third Lien Notes	—		—		—			524,121			87,520			(879		)	1,187		611,949
Total debt	$	1,735,150	$	658,000	$	(468,150	)	$	—		$	—		$	(1,775	)	$	1,187	$	1,924,412
Current maturities	—		—		—			—			—			—			—		—
Long-term debt	$	1,735,150	$	658,000	$	(468,150	)	$	—		$	—		$	(1,775	)	$	1,187	$	1,924,412

	June 30, 2015 Carrying Value		Unamortized Deferred Gain on Debt Forgiven			June 30, 2015 Principle Balance Outstanding
Revolving Credit Facility	$	—	$	—		$	—
2020 Senior Notes	293,625		—			293,625
2021 Senior Notes	347,652		—			347,652
Second Lien Notes	671,186		(46,186		)	625,000
Third Lien Notes	611,949		(86,641		)	525,308
Total debt	$	1,924,412	$	(132,827	)	$	1,791,585
Current maturities	—		—			—
Long-term debt	$	1,924,412	$	(132,827	)	$	1,791,585