Indebtedness (Tables)

9 Months Ended

Sep. 30, 2017

Debt Disclosure [Abstract]

Debt Outstanding

We had the following debt outstanding as of the dates shown below (bank debt interest rate at September 30, 2017 is shown parenthetically). No interest was capitalized during the three months or the nine months ended September 30, 2017 or the year ended December 31, 2016 (in thousands).

		September 30, 2017			December 31, 2016
Bank debt (2.8%)	$	1,086,000		$	882,000
Senior notes:
4.875% senior notes due 2025		750,000			750,000
5.00% senior notes due 2023		741,531			741,531
5.00% senior notes due 2022		580,032			580,032
5.75% senior notes due 2021		475,952			475,952
5.875% senior notes due 2022		329,244			329,244
Other senior notes due 2022		590			1,090
Total senior notes		2,877,349			2,877,849
Senior subordinated notes:
5.00% senior subordinated notes due 2023		7,712			7,712
5.00% senior subordinated notes due 2022		19,054			19,054
5.75% senior subordinated notes due 2021		22,214			22,214
Total senior subordinated notes		48,980			48,980
Total debt		4,012,329			3,808,829
Unamortized premium		6,336			7,241
Unamortized debt issuance costs		(36,703	)		(42,553	)
Total debt net of debt issuance costs	$	3,981,962		$	3,773,517

Summary of Debt Exchange Offer to Exchange Senior Subordinated Notes

In September 2016, in conjunction with the MRD Merger, we issued $329.2 million senior unsecured 5.875% notes due 2022 (the “5.875% Notes”). In addition, we also completed a debt exchange offer to exchange senior subordinated notes for the following senior notes (in thousands):

		Principal Amount
5.00% senior notes due 2023	$	741,531
5.00% senior notes due 2022	$	580,032
5.75% senior notes due 2021	$	475,952