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DEBT (Tables)
6 Months Ended
Jun. 30, 2015
Schedule Of Debt Outstanding

Debt outstanding as of June 30, 2015 and December 31, 2014 consists of the following (in thousands):

 

     June 30,
2015
     December 31,
2014
 

$900.0 Million Revolving Credit Facility, principal due at maturity in December 2017 (extended to July 2020, as further described hereafter); interest payable periodically at variable interest rates. The weighted average rate at June 30, 2015 and December 31, 2014 was 2.0% and 1.9%, respectively.

   $ 563,000       $ 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   
  

 

 

    

 

 

 
   $ 1,238,000       $ 1,200,000