Long-term Debt (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2020

Dec. 31, 2019

Long-Term Debt

Long-term debt consists of the following at June 30, 2020 and December 31, 2019:

	June 30, 2020
	Debt			Deferred financing costs		Debt, net of deferred financing costs
Senior Credit Facility	$	598,339		$	12,697	$	585,642
Accounts Receivable Securitization Program		—			667		(667	)
5% Senior Subordinated Notes		535,000			2,786		532,214
5 3/4% Senior Notes		653,988			7,171		646,817
4 7/8% Senior Notes		400,000			5,790		394,210
4% Senior Notes		400,000			5,610		394,390
3 3/4% Senior Notes		600,000			8,394		591,606
Other notes with various rates and terms		11,687			—		11,687
		3,199,014			43,115		3,155,899
Less current maturities		(9,120	)		—		(9,120	)
Long-term debt, excluding current maturities	$	3,189,894		$	43,115	$	3,146,779

	December 31, 2019
	Debt			Deferred financing costs			Debt, net of deferred financing costs
Senior Credit Facility	$	1,127,069		$	9,077		$	1,117,992
Accounts Receivable Securitization Program		175,000			846			174,154
5% Senior Subordinated Notes		535,000			3,237			531,763
5 3/8% Senior Notes		510,000			3,502			506,498
5 3/4% Senior Notes		654,345			7,752			646,593
Other notes with various rates and terms		3,118			—			3,118
		3,004,532			24,414			2,980,118
Less current maturities		(232,595	)		(6,081	)		(226,514	)
Long-term debt, excluding current maturities	$	2,771,937		$	18,333		$	2,753,604

Long-term debt consists of the following at December 31, 2019 and 2018:

	December 31, 2019
	Debt			Deferred financing costs			Debt, net of deferred financing costs
Senior Credit Facility	$	1,127,069		$	9,077		$	1,117,992
Accounts Receivable Securitization Program		175,000			846			174,154
5% Senior Subordinated Notes		535,000			3,237			531,763
5 3/8% Senior Notes		510,000			3,502			506,498
5 3/4% Senior Notes		654,345			7,752			646,593
Other notes with various rates and terms		3,118			—			3,118
		3,004,532			24,414			2,980,118
Less current maturities		(232,595	)		(6,081	)		(226,514	)
Long-term debt, excluding current maturities	$	2,771,937		$	18,333		$	2,753,604

	December 31, 2018
	Debt			Deferred financing costs			Debt, net of deferred financing costs
Senior Credit Facility	$	1,291,088		$	11,576		$	1,279,512
Accounts Receivable Securitization Program		175,000			1,168			173,832
5% Senior Subordinated Notes		535,000			4,104			530,896
5 3/8% Senior Notes		510,000			4,262			505,738
5 3/4% Senior Notes		400,000			4,754			395,246
Other notes with various rates and terms		3,464			—			3,464
		2,914,552			25,864			2,888,688
Less current maturities		(209,365	)		(5,245	)		(204,120	)
Long-term debt, excluding current maturities	$	2,705,187		$	20,619		$	2,684,568

Summary of Long-Term Debt Contractual Maturities

Long-term debt contractual maturities are as follows:

	Debt		Deferred financing costs		Debt, net of deferred financing costs
2020	$	232,595	$	6,081	$	226,514
2021	$	74,487	$	6,205	$	68,282
2022	$	426,971	$	4,677	$	422,294
2023	$	541,989	$	3,480	$	538,509
2024	$	517,008	$	2,216	$	514,792
Later years	$	1,211,482	$	1,755	$	1,209,727

Schedule of Maturities of Long Term Debt

The Term A loans mature on May 15, 2022 and the Term B loans mature on March 16, 2025. The remaining quarterly installments are scheduled to be paid on each March 31, June 30, September 30 and December 31 as follows:

Principal Payment Date	Term A		Term B
March, 31 2020-June 30, 2020	$	8,438	$	1,500
September 30, 2020-March 31, 2022	$	16,875	$	1,500
Term A Loan Maturity May 15, 2022	$	253,125	$	—
June 30, 2022-December 31, 2024	$	—	$	1,500
Term B Loan Maturity March 16, 2025	$	—	$	559,500

LAMAR MEDIA CORP. AND SUBSIDIARIES [Member]

Long-Term Debt

Long-term debt consists of the following at December 31, 2019 and 2018:

	December 31, 2019
	Debt			Deferred financing costs			Debt, net of deferred financing costs
Senior Credit Facility	$	1,127,069		$	9,077		$	1,117,992
Accounts Receivable Securitization Program		175,000			846			174,154
5% Senior Subordinated Notes		535,000			3,237			531,763
5 3/8% Senior Notes		510,000			3,502			506,498
5 3/4% Senior Notes		654,345			7,752			646,593
Other notes with various rates and terms		3,118			—			3,118
		3,004,532			24,414			2,980,118
Less current maturities		(232,595	)		(6,081	)		(226,514	)
Long-term debt, excluding current maturities	$	2,771,937		$	18,333		$	2,753,604
	December 31, 2018
	Debt			Deferred financing costs			Debt, net of deferred financing costs
Senior Credit Facility	$	1,291,088		$	11,576		$	1,279,512
Accounts Receivable Securitization Program		175,000			1,168			173,832
5% Senior Subordinated Notes		535,000			4,104			530,896
5 3/8% Senior Notes		510,000			4,262			505,738
5 3/4% Senior Notes		400,000			4,754			395,246
Other notes with various rates and terms		3,464			—			3,464
		2,914,552			25,864			2,888,688
Less current maturities		(209,365	)		(5,245	)		(204,120	)
Long-term debt, excluding current maturities	$	2,705,187		$	20,619		$	2,684,568

Summary of Long-Term Debt Contractual Maturities

Long-term debt contractual maturities are as follows:

	Debt		Deferred financing costs		Debt, net of deferred financing costs
2020	$	232,595	$	6,081	$	226,514
2021	$	74,487	$	6,205	$	68,282
2022	$	426,971	$	4,677	$	422,294
2023	$	541,989	$	3,480	$	538,509
2024	$	517,008	$	2,216	$	514,792
Later years	$	1,211,482	$	1,755	$	1,209,727