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CREDIT FACILITY AND LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Summary of long-term debt outstanding
Long-term debt outstanding consisted of the following:
 
 
December 31,
2017
 
December 31,
2016
2025 Senior Notes
 
$
725,000

 
$

2023 Senior Notes
 
500,000

 
500,000

2020 Senior Secured Notes
 

 
670,867

Revolving Loan
 
350,000

 
350,000

PBF Rail Term Loan
 
28,366

 
35,000

PBFX Revolving Credit Facility
 
29,700

 
189,200

PBFX Term Loan
 

 
39,664

PBFX 2023 Senior Notes
 
525,000

 
350,000

Catalyst leases
 
59,048

 
45,969

Unamortized deferred financing costs
 
(34,459
)
 
(32,466
)
Unamortized premium on new PBFX 2023 Senior Notes
 
3,374

 

 
 
2,186,029

 
2,148,234

Less—Current debt
 
(10,987
)
 
(39,664
)
Long-term debt
 
$
2,175,042

 
$
2,108,570

Details on the catalyst leases at each of the Company’s refineries as of December 31, 2017 are included in the following table:
 
 
Annual lease fee
 
Annual interest rate
 
Expiration date
Paulsboro catalyst lease
 
$
140

 
2.20
%
 
December 2019
Delaware City catalyst lease
 
$
210

 
1.95
%
 
October 2019
Delaware City catalyst lease - Palladium
 
$
30

 
2.05
%
 
October 2019
Delaware City bridge lease (short lease)
 
$
3

 
1.69
%
 
February 2018(1)
Delaware City bridge lease (long lease)
 
$
117

 
1.69
%
 
June 2018(1)
Toledo catalyst lease
 
$
178

 
1.75
%
 
June 2020
Chalmette catalyst lease
 
$
185

 
3.85
%
 
November 2018(2) 
Chalmette catalyst lease
 
$
171

 
2.20
%
 
November 2019
Torrance catalyst lease
 
$
143

 
1.78
%
 
July 2019
Schedule of debt maturing in the next five years and thereafter
Debt maturing in the next five years and thereafter is as follows:
Year Ending December 31,
 
2018
$
16,066

2019
412,610

2020
10,072

2021
28,366

2022

Thereafter
1,750,000

 
$
2,217,114