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Debt (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule Of Components Of Debt
Debt consists of the following:
 
March 31, 2020
 
December 31, 2019
 
(in thousands)
$400 million senior unsecured notes due 2022 with an effective interest rate of 6.0% less deferred issuance costs of $2.1 million and $2.3 million at March 31, 2020 and December 31, 2019, respectively
$
397,896

 
$
397,680

$400 million senior unsecured notes due 2029 with an effective interest rate of 3.88%, less a discount and deferred issuance costs of $5.8 million and $6.0 million at March 31, 2020 and December 31, 2019, respectively
394,184

 
394,039

$600 million senior unsecured revolving credit facility with an effective interest rate of 1.91% and 2.76%, less deferred issuance costs of $2.6 million and $2.7 million at March 31, 2020 and December 31, 2019, respectively
412,449

 
15,502

Construction loan with an effective interest rate of 6.23%, less deferred issuance costs of $0.6 million at December 31, 2019.

 
32,465

Fixed rate collateralized mortgage with an effective interest rate of 4.57%, plus a fair value adjustment of $0.1 million and $0.2 million at March 31, 2020 and December 31, 2019, respectively
7,335

 
7,511

Economic development loans with an effective interest rate of 3.0% at March 31, 2020 and December 31, 2019, respectively
4,416

 
4,416

Total debt
$
1,216,280

 
$
851,613

Less current portion
7,335

 
7,511

Total long-term debt
$
1,208,945

 
$
844,102