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Long-Term Debt
3 Months Ended
Mar. 31, 2016
Long-Term Debt [Abstract]  
Long-Term Debt

6.LONG-TERM DEBT

Long-term debt consists of the following:



 

 

 

 

 

 



 

March 31, 2016

 

December 31, 2015

Revolver under credit agreement, bearing interest ranging from 1.44% to 3.70% *

 

$

309,000 

 

$

390,000 

Term loan under credit agreement, bearing interest ranging from 1.44% to 1.64%  *

 

 

800,000 

 

 

800,000 

2016 Notes, bearing interest at 3.30% 

 

 

100,000 

 

 

100,000 

2018 Notes, bearing interest at 4.00%

 

 

50,000 

 

 

50,000 

2019 Notes, bearing interest at 5.25%

 

 

175,000 

 

 

175,000 

2021 Notes, bearing interest at 4.64%

 

 

100,000 

 

 

100,000 

2022 Notes, bearing interest at 3.09%

 

 

125,000 

 

 

125,000 

2025 Notes, bearing interest at 3.41%

 

 

375,000 

 

 

375,000 

Tax-exempt bonds, bearing interest ranging from 0.05% to 0.46%  *

 

 

31,430 

 

 

31,430 

Notes payable to sellers and other third parties, bearing interest at 3.0% to 10.9% *

 

 

9,830 

 

 

10,855 



 

 

2,075,260 

 

 

2,157,285 

Less – current portion

 

 

(1,590)

 

 

(2,127)

Less – debt issuance costs

 

 

(7,619)

 

 

(8,031)



 

$

2,066,051 

 

$

2,147,127 

____________________

*Interest rates in the table above represent the range of interest rates incurred during the three month period ended March 31, 2016.