Debt as of June 30, 2017 and December 31, 2016 consisted of the following (in thousands):


			Balance Outstanding as of
	Interest	Maturity	June 30,		December 31,
Debt	Rate	Date	2017		2016
Senior secured revolving credit facility(1)	Floating	October 31, 2021	$	75,000	$	25,000
Senior secured term loan(2)	Floating	October 31, 2022		955,677		957,465
Senior secured notes	8.125%	November 1, 2023		731,989		730,604
Unsecured revolving credit facility(3)	Floating	October 31, 2018		—		—
Total			$	1,762,666	$	1,713,069

(1)

The interest rate was 6.29% and 5.86% as of June 30, 2017 and December 31, 2016, respectively. On April 26, 2017, the Company borrowed an additional $50.0 million under the senior secured revolving credit facility, the proceeds of which were available for working capital and other corporate purposes, resulting in remaining availability under the facility of $25.0 million.

(2)

The interest rate was 6.29% and 6.25% as of June 30, 2017 and December 31, 2016, respectively.

(3)

We are the borrower under a $100 million unsecured revolving credit facility, on which we may only draw prior to October 31, 2017. However, under the terms of the facility, the availability has been reduced to zero as of June 30, 2017. HCP is the sole lender.