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Long-Term Debt and Finance Lease Obligations (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2020
Dec. 31, 2019
Long-Term Debt and Finance Lease Obligations    
Schedule of carrying and fair values of the entity's debt facilities

As of 

June 30, 2020

December 31, 2019

    

Carrying
Amount

    

Fair Value

    

Carrying
Amount

    

Fair Value

 

(In thousands)

5 1/8% Senior Notes due 2020 (1)

$

$

$

1,100,000

$

1,110,208

6 3/4% Senior Notes due 2021 (2)

2,000,000

2,045,100

2,000,000

2,109,420

5 7/8% Senior Notes due 2022

2,000,000

2,043,040

2,000,000

2,129,580

5 % Senior Notes due 2023

1,500,000

1,495,545

1,500,000

1,543,770

5 7/8% Senior Notes due 2024

2,000,000

2,000,340

2,000,000

2,049,080

7 3/4% Senior Notes due 2026

2,000,000

2,130,880

2,000,000

2,128,900

Other notes payable

25,996

25,996

25,996

25,996

Subtotal

9,525,996

$

9,740,901

10,625,996

$

11,096,954

Unamortized deferred financing costs and debt discounts, net

(13,581)

(16,250)

Finance lease obligations (3)

188,809

212,617

Total long-term debt and finance lease obligations (including current portion)

$

9,701,224

$

10,822,363

(4)On May 1, 2020, we redeemed the principal balance of our 5 1/8% Senior Notes due 2020.
(5)Our 6 3/4% Senior Notes due 2021 mature on June 1, 2021 and have been reclassified to “Current portion of long-term debt and finance lease obligations” on our Condensed Consolidated Balance Sheets as of June 30, 2020.
(6)Disclosure regarding fair value of finance leases is not required.

As of December 31, 

2019

2018

 

Carrying
Amount

    

Fair Value

    

Carrying
Amount

    

Fair Value

 

(In thousands)

7 7/8% Senior Notes due 2019 (1)

1,317,372

1,343,298

5 1/8% Senior Notes due 2020 (2)

1,100,000

1,110,208

1,100,000

1,089,957

6 3/4% Senior Notes due 2021

2,000,000

2,109,420

2,000,000

1,974,940

5 7/8% Senior Notes due 2022

2,000,000

2,129,580

2,000,000

1,833,140

5 % Senior Notes due 2023

1,500,000

1,543,770

1,500,000

1,247,445

5 7/8% Senior Notes due 2024

2,000,000

2,049,080

2,000,000

1,611,960

7 3/4% Senior Notes due 2026

2,000,000

2,128,900

2,000,000

1,653,720

Other notes payable

25,996

25,996

10,346

10,346

Subtotal

10,625,996

$

11,096,954

11,927,718

$

10,764,806

Unamortized deferred financing costs and debt discounts, net

(16,250)

(23,215)

Finance lease obligations (3)

212,617

66,984

Total long-term debt and finance lease obligations (including current portion)

$

10,822,363

$

11,971,487

(1)On September 3, 2019, we redeemed the principal balance of our 7 7/8% Senior Notes due 2019.
(2)Our 5 1/8% Senior Notes due 2020 mature on May 1, 2020 and have been reclassified to “Current portion of long-term debt and finance lease obligations” on our Consolidated Balance Sheets as of December 31, 2019. We will either fund this obligation from cash and marketable investment securities balances at that time and/or advances from our parent, DISH Network or, depending on market conditions, we may refinance this obligation, in whole or in part.
(3)Disclosure regarding fair value of finance leases is not required.