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Long-term Debt (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Long-Term Debt
Long-term debt consists of the following at March 31, 2021 and December 31, 2020:
 
     March 31, 2021  
     Debt     Deferred
financing costs
    Debt, net of
deferred
financing costs
 
Senior Credit Facility
   $ 623,529     $ 11,003     $ 612,526  
Accounts Receivable Securitization Program
     155,000       333       154,667  
3 3/4% Senior Notes
     600,000       7,786       592,214  
3 5/8% Senior Notes
     550,000       7,941       542,059  
4% Senior Notes
     549,299       7,736       541,563  
4 7/8% Senior Notes
     400,000       5,446       394,554  
Other notes with various rates and terms
     2,541       —         2,541  
    
 
 
   
 
 
   
 
 
 
       2,880,369       40,245       2,840,124  
Less current maturities
     (155,372     (333     (155,039
    
 
 
   
 
 
   
 
 
 
Long-term debt, excluding current maturities
   $ 2,724,997     $ 39,912     $ 2,685,085  
    
 
 
   
 
 
   
 
 
 
     December 31, 2020  
     Debt     Deferred
financing costs
    Debt, net of
deferred
financing costs
 
Senior Credit Facility
   $ 598,466     $ 11,569     $ 586,897  
Accounts Receivable Securitization Program
     122,500       445       122,055  
3 3/4% Senior Notes
     600,000       8,031       591,969  
4% Senior Notes
     549,280       7,911       541,369  
4 7/8% Senior Notes
     400,000       5,586       394,414  
5 3/4% Senior Notes
     653,631       6,575       647,056  
Other notes with various rates and terms
     2,756       —         2,756  
    
 
 
   
 
 
   
 
 
 
       2,926,633       40,117       2,886,516  
Less current maturities
     (122,879     (445     (122,434
    
 
 
   
 
 
   
 
 
 
Long-term debt, excluding current maturities
   $ 2,803,754     $ 39,672     $ 2,764,082  
    
 
 
   
 
 
   
 
 
 
Long-term debt consists of the following at December 31, 2020 and 2019:
 
    
December 31, 2020
 
    
Debt
    
Deferred

financing
costs
    
Debt, net of

deferred

financing
costs
 
Senior Credit Facility
   $ 598,466      $ 11,569      $ 586,897  
Accounts Receivable Securitization Program
     122,500        445        122,055  
3 3/4% Senior Notes
     600,000        8,031        591,969  
4% Senior Notes
     549,280        7,911        541,369  
4 7/8% Senior Notes
     400,000        5,586        394,414  
5 3/4% Senior Notes
     653,631        6,575        647,056  
Other notes with various rates and terms
     2,756        —          2,756  
    
 
 
    
 
 
    
 
 
 
       2,926,633        40,117        2,886,516  
Less current maturities
     (122,879      (445      (122,434
    
 
 
    
 
 
    
 
 
 
Long-term debt, excluding current maturities
   $ 2,803,754      $ 39,672      $ 2,764,082  
    
 
 
    
 
 
    
 
 
 
   
    
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  
    
 
 
    
 
 
    
 
 
 
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
 
2021
   $ 122,879      $ 445      $ 122,434  
2022
   $ 362      $ —        $ 362  
2023
   $ 381      $ —        $ 381  
2024
   $ 400      $ —        $ 400  
2025
   $ 420      $ 4,464      $ (4,044
Later years
   $ 2,802,191      $ 35,208      $ 2,766,983  
LAMAR MEDIA CORP. AND SUBSIDIARIES [Member]    
Long-Term Debt  
Long-term debt consists of the following at December 31, 2020 and 2019:
 
    
December 31, 2020
 
    
Debt
    
Deferred

financing
costs
    
Debt, net of

deferred

financing
costs
 
Senior Credit Facility
   $ 598,466      $ 11,569      $ 586,897  
Accounts Receivable Securitization Program
     122,500        445        122,055  
3 3/4% Senior Notes
     600,000        8,031        591,969  
4% Senior Notes
     549,280        7,911        541,369  
4 7/8% Senior Notes
     400,000        5,586        394,414  
5 3/4% Senior Notes
     653,631        6,575        647,056  
Other notes with various rates and terms
     2,756        —          2,756  
    
 
 
    
 
 
    
 
 
 
       2,926,633        40,117        2,886,516  
Less current maturities
     (122,879      (445      (122,434
    
 
 
    
 
 
    
 
 
 
Long-term debt, excluding current maturities
   $ 2,803,754      $ 39,672      $ 2,764,082  
    
 
 
    
 
 
    
 
 
 
   
    
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  
    
 
 
    
 
 
    
 
 
 
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
 
2021
   $ 122,879      $ 445      $ 122,434  
2022
   $ 362      $ —        $ 362  
2023
   $ 381      $ —        $ 381  
2024
   $ 400      $ —        $ 400  
2025
   $ 420      $ 4,464      $ (4,044
Later years
   $ 2,802,191      $ 35,208      $ 2,766,983