CREDIT FACILITY AND LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Summary of long-term debt outstanding

Long-term debt outstanding consisted of the following:

	December 31, 2018			December 31, 2017
Revolving Credit Facility	$	—		$	350,000
2025 Senior Notes	725,000			725,000
2023 Senior Notes	500,000			500,000
PBF Rail Term Loan	21,554			28,366
Catalyst leases	44,353			59,048
	1,290,907			1,662,414
Less - Current debt	(2,378		)	(10,987		)
Unamortized deferred financing costs	(30,537		)	(25,178		)
Long-term debt	$	1,257,992		$	1,626,249

Details on the catalyst leases at each of the Company’s refineries as of December 31, 2018 are included in the following table:

	Annual lease fee		Annual interest rate		Expiration date
Paulsboro catalyst lease	$	140	2.20	%	December 2019	(2)
Delaware City catalyst lease	$	210	1.95	%	October 2019	(2)
Delaware City catalyst lease - Palladium	$	30	2.05	%	October 2019	(2)
Delaware City bridge lease	$	26	2.10	%	May 2019	(1)
Toledo catalyst lease	$	178	1.75	%	June 2020
Toledo bridge lease	$	22	2.10	%	April 2019	(1)
Chalmette catalyst lease	$	97	2.10	%	October 2021
Chalmette catalyst lease	$	171	2.20	%	November 2019	(2)
Chalmette bridge lease	$	4	2.15	%	April 2019	(1)
Torrance catalyst lease	$	143	1.78	%	July 2019	(2)

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,
2019	$	31,368
2020	8,633
2021	25,906
2022	—
2023	500,000
Thereafter	725,000
	$	1,290,907