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DEBT (Tables)
3 Months Ended
Mar. 31, 2015
Schedule Of Debt Outstanding

Debt outstanding as of March 31, 2015 and December 31, 2014 consists of the following (in thousands):

 

     March 31,
2015
     December 31,
2014
 

Revolving Credit Facility, principal due at maturity in December 2017; interest payable periodically at variable interest rates. The weighted average rate at both March 31, 2015 and December 31, 2014 was 1.9%.

   $ 565,000       $ 525,000   

4.625% Senior Notes, principal due at maturity in May 2023; interest payable semi-annually in May and November at 4.625%.

     350,000         350,000   

4.125% Senior Notes, principal due at maturity in April 2020; interest payable semi-annually in April and October at 4.125%.

     325,000         325,000   
  

 

 

    

 

 

 
$ 1,240,000    $ 1,200,000