Long-term Debt (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2016

Dec. 31, 2015

Long-Term Debt

Long-term debt consists of the following at March 31, 2016 and December 31, 2015:

	March 31, 2016
	Debt			Deferred financing  costs			Debt, net of deferred financing costs
Senior Credit Facility	$	525,000		$	6,485		$	518,515
5 7/8% Senior Subordinated Notes		500,000			7,939			492,061
5% Senior Subordinated Notes		535,000			6,269			528,731
5 3/8% Senior Notes		510,000			6,148			503,852
5 3/4% Senior Notes		400,000			5,685			394,315
Other notes with various rates and terms		676			—			676
		2,470,676			32,526			2,438,150
Less current maturities		(23,149	)		(5,293	)		(17,856	)
Long-term debt, excluding current maturities	$	2,447,527		$	27,233		$	2,420,294

	December 31, 2015
	Debt			Deferred financing  costs			Debt, net of deferred financing costs
Senior Credit Facility	$	373,750		$	7,058		$	366,692
5 7/8% Senior Subordinated Notes		500,000			8,219			491,781
5% Senior Subordinated Notes		535,000			6,451			528,549
5 3/8% Senior Notes		510,000			6,306			503,694
Other notes with various rates and terms		734			—			734
		1,919,484			28,034			1,891,450
Less current maturities		(21,332	)		(4,823	)		(16,509	)
Long-term debt, excluding current maturities	$	1,898,152		$	23,211		$	1,874,941

Long-term debt consists of the following at December 31, 2015 and 2014:

	2015			2014
Senior Credit Facility	$	373,750		$	353,750
5 7/8% Senior Subordinated Notes		500,000			500,000
5% Senior Subordinated Notes		535,000			535,000
5 3/8% Senior Notes		510,000			510,000
Other notes with various rates and terms		734			1,145
		1,919,484			1,899,895
Less current maturities		(21,332	)		(15,625	)
Long-term debt excluding current maturities	$	1,898,152		$	1,884,270

Summary of Long-Term Debt Matures

Long-term debt matures as follows:

2016	$	21,332
2017	$	39,375
2018	$	45,000
2019	$	268,750
2020	$	—
Later years	$	1,545,027

Schedule of Maturities of Long Term Debt

The Term A Loans began amortizing on June 30, 2014 in quarterly installments on each September 30, December 31, March 31, and June 30 thereafter, as follows:

Principal Payment Date	Principal Amount
June 30, 2016- March 31, 2017	$	5,625
June 30, 2017-December 31, 2018	$	11,250
Term A Loan Maturity Date	$	168,750

The Term A Loans began amortizing on June 30, 2014 in quarterly installments on each September 30, December 31, March 31, and June 30 thereafter, as follows:

Principal Payment Date	Principal Amount
March 31, 2016	$	3,750
June 30, 2016- March 31, 2017	$	5,625
June 30, 2017-December 31, 2018	$	11,250
Term A Loan Maturity Date	$	168,750

LAMAR MEDIA CORP [Member]

Long-Term Debt

Long-term debt consists of the following at December 31, 2015 and 2014:

	2015			2014
Senior Credit Agreement	$	373,750		$	353,750
5 7/8% Senior Subordinated Notes		500,000			500,000
5% Senior Subordinated Notes		535,000			535,000
5 3/8% Senior Notes		510,000			510,000
Other notes with various rates and terms		734			1,145
		1,919,484			1,899,895
Less current maturities		(21,332	)		(15,625	)
Long-term debt excluding current maturities	$	1,898,152		$	1,884,270

Summary of Long-Term Debt Matures

Long-term debt matures as follows:

2016	$	21,332
2017	$	39,375
2018	$	45,000
2019	$	268,750
2020	$	—
Later years	$	1,545,027