Annual Maturities of Long-Term Debt Excluding Finance Lease Obligations

Annual maturities of long-term debt, excluding finance lease obligations, are as follows (amounts in thousands):


											Years
	2023		2024		2025		2026		2027		Thereafter		Total
$700M Revolving Credit Facility	$	—	$	—	$	—	$	—	$	—	$	—	$	—
$500M Term Loan B		5,000		366,250		—		—		—		—		371,250
$600M 4.50% Senior Notes		—		—		—		—		—		600,000		600,000
$700M 4.75% Senior Notes		—		—		—		—		700,000		—		700,000
$800M Gaylord Rockies Term Loan (1)		800,000		—		—		—		—		—		800,000
$300M OEG Term Loan		3,000		3,000		3,000		3,000		3,000		284,250		299,250
$65M OEG Revolver		—		—		—		—		—		—		—
Block 21 CMBS Loan		2,765		2,904		3,094		125,873		—		—		134,636
Total	$	810,765	$	372,154	$	6,094	$	128,873	$	703,000	$	884,250	$	2,905,136

(1)

$800 Million Gaylord Rockies Term Loan includes three, one-year extension options, subject to certain requirements.

Summary of Effect of Derivative Financial Instruments on the Accompanying Consolidated Statements of Operations

The effect of the Company’s derivative financial instruments on the accompanying consolidated statements of operations and comprehensive income (loss) for the years ended December 31 is as follows (in thousands):


	Amount of Gain (Loss)				Location of Gain (Loss)	Amount of Gain (Loss)
	Recognized in OCI				Reclassified from	Reclassified from Accumulated
	on Derivative				Accumulated OCI	OCI into Income (Expense)
	2022		2021		into Income (Expense)	2022		2021
Derivatives in Cash Flow Hedging Relationships:
Interest rate swaps	$	16,007	$	1,955	Interest expense	$	(3,541)	$	(16,501)
Total derivatives	$	16,007	$	1,955		$	(3,541)	$	(16,501)