Indebtedness (Tables)

3 Months Ended

Mar. 31, 2021

We had the following debt outstanding as of the dates shown below (bank debt interest rate at March 31, 2021 is shown parenthetically). No interest was capitalized during the three months ended March 31, 2021 or the year ended December 31, 2020 (in thousands).


		March 31, 2021			December 31, 2020
Bank debt (2.3%)	$	124,000		$	702,000
Senior notes:
4.875% senior notes due 2025		750,000			750,000
5.00% senior notes due 2022		169,589			169,589
5.00% senior notes due 2023		532,335			532,335
5.75% senior notes due 2021		25,496			25,496
5.875% senior notes due 2022		48,528			48,528
8.25% senior notes due 2029		600,000			—
9.25% senior notes due 2026		850,000			850,000
Other senior notes due 2022		490			490
Total senior notes		2,976,438			2,376,438
Senior subordinated notes:
5.00% senior subordinated notes due 2022		9,730			9,730
5.00% senior subordinated notes due 2023		7,712			7,712
5.75% senior subordinated notes due 2021		19,896			19,896
Total senior subordinated notes		37,338			37,338
Total debt		3,137,776			3,115,776
Unamortized premium		387			456
Unamortized debt issuance costs		(37,569	)		(30,625	)
Total debt net of debt issuance costs		3,100,594			3,085,607
Less current maturities of long-term debt ^(a)		(45,377	)		(45,356	)
Total long-term debt	$	3,055,217		$	3,040,251

^(a) As of March 31, 2021, current maturities includes $45.4 million principal amount of our 5.75% senior and senior subordinated notes due 2021.

Early Redemption of Senior and Senior Subordinated Notes

In first quarter 2021, based on the terms of the indentures governing certain of our senior and senior subordinated notes, we notified the trustee that we were electing to redeem the outstanding principal amounts of the following notes (in thousands):

	Outstanding Principal Amount
5.75% senior notes due 2021	$	25,496
5.875% senior notes due 2022	$	490
5.75% senior subordinated notes 2021	$	19,896
5.00% senior subordinated notes 2022	$	9,730
5.00% senior subordinated notes 2023	$	7,712

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details