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Debt (Tables)
 3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Carrying Value of Debt
The following table presents the carrying values of Zillow Group’s debt as of the periods presented (in thousands):
March 31, 2020December 31, 2019
Homes Segment
Credit facilities:
Goldman Sachs Bank USA$52,623  $39,244  
Citibank, N.A.137,590  296,369  
Credit Suisse AG, Cayman Islands241,621  355,911  
Total Homes Segment debt431,834  691,524  
Mortgages Segment
Repurchase agreement:
Citibank, N.A.4,540  394  
Warehouse line of credit:
Comerica Bank30,273  30,033  
Total Mortgages Segment debt34,813  30,427  
Convertible Senior Notes
1.375% convertible senior notes due 2026332,129  327,187  
0.75% convertible senior notes due 2024498,666  490,538  
1.50% convertible senior notes due 2023314,233  310,175  
2.00% convertible senior notes due 2021420,921  415,502  
2.75% convertible senior notes due 20209,637  9,637  
Total convertible senior notes1,575,586  1,553,039  
Total$2,042,233  $2,274,990  
Schedule of Revolving Credit Facilities and Lines of Credit The following table summarizes certain details related to our credit facilities (in thousands, except interest rates):
LenderFinal Maturity DateMaximum Borrowing CapacityWeighted Average Interest Rate
Goldman Sachs Bank USAApril 20, 2022$500,000  4.13 %
Citibank, N.A.January 31, 2022500,000  4.99 %
Credit Suisse AG, Cayman IslandsJuly 31, 2021500,000  4.95 %
Total$1,500,000  
The following table summarizes certain details related to our warehouse line of credit and repurchase agreement (in thousands, except interest rates):
LenderMaturity DateMaximum Borrowing CapacityWeighted Average Interest Rate
Citibank, N.A.October 27, 2020$75,000  2.82 %
Comerica BankJune 27, 202050,000  3.40 %
Total$125,000  
Schedule of Convertible Senior Notes
The following tables summarize certain details related to our outstanding convertible senior notes as of the periods presented (in thousands, except interest rates):
March 31, 2020December 31, 2019
Maturity DateAggregate Principal AmountStated Interest RateEffective Interest RateFirst Interest Payment DateSemi-Annual Interest Payment DatesUnamortized Debt Discount and Debt Issuance CostsFair ValueUnamortized Debt Discount and Debt Issuance CostsFair Value
September 1, 2026$500,000  1.375 %8.10 %March 1, 2020  March 1; September 1$167,871  $518,675  $172,813  $597,380  
September 1, 2024673,000  0.75 %7.68 %March 1, 2020  March 1; September 1174,334  685,740  182,462  819,378  
July 1, 2023373,750  1.50 %6.99 %January 1, 2019  January 1; July 159,517  311,872  63,575  356,464  
December 1, 2021460,000  2.00 %7.44 %June 1, 2017  June 1; December 139,079  462,571  44,498  514,312  
December 15, 20209,637  2.75 %N/A  N/A  June 15; December 15—  16,842  —  16,842  
Total$2,016,387  $440,801  $1,995,700  $463,348  $2,304,376  

Three Months Ended March 31, 2020Three Months Ended March 31, 2019
Maturity DateContractual Coupon InterestAmortization of Debt DiscountAmortization of Debt Issuance CostsInterest ExpenseContractual Coupon InterestAmortization of Debt DiscountAmortization of Debt Issuance CostsInterest Expense
September 1, 2026$1,719  $4,824  $118  $6,661  $—  $—  $—  $—  
September 1, 20241,248  7,861  267  9,376  —  —  —  —  
July 1, 20231,402  3,697  361  5,460  1,402  3,437  336  5,175  
December 1, 20212,300  4,911  508  7,719  2,300  4,591  475  7,366  
December 15, 202066  —  —  66  66  —  —  66  
Total$6,735  $21,293  $1,254  $29,282  $3,768  $8,028  $811  $12,607  
The following table summarizes the conversion and redemption options with respect to the convertible senior notes:
Maturity DateEarly Conversion DateConversion RateConversion PriceOptional Redemption Date
September 1, 2026March 1, 202622.9830$43.51  September 5, 2023
September 1, 2024March 1, 202422.983043.51  September 5, 2022
July 1, 2023April 1, 202312.759278.37  July 6, 2021
December 1, 2021September 1, 202119.098552.36  December 6, 2019
The following table summarizes certain details related to the capped call confirmations with respect to the convertible senior notes:
Maturity DateInitial Cap PriceCap Price Premium
September 1, 2026$80.5750  150 %
September 1, 202472.5175  125 %
July 1, 2023105.45  85 %
December 1, 202169.19  85 %