DEBT (Tables)

6 Months Ended

Jun. 30, 2018

Debt outstanding as of June 30, 2018 and December 31, 2017 consists of the following (in thousands):

	June 30,			December 31,
	2018			2017
Revolving Credit Facility, principal due at maturity in April 2023; interest payable periodically at variable interest rates. The weighted average rate at June 30, 2018 and December 31, 2017 was 3.6% and 3.1%, respectively.	$	94,000		$	199,000
Term Loan, scheduled principal payments through maturity in April 2023; interest payable periodically at variable interest rates. The rate at June 30, 2018 and December 31, 2017 was 3.6% and 3.1%, respectively. Unamortized debt issuance costs amounted to $0.1 million and $0.3 million at June 30, 2018 and December 31, 2017, respectively.		200,000			85,000
4.625% Senior Notes, principal due at maturity in May 2023; interest payable semi-annually in May and November at 4.625%. Unamortized debt issuance costs amounted to $3.0 million and $3.3 million at June 30, 2018 and December 31, 2017, respectively.		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%. Unamortized debt issuance costs amounted to $1.5 million and $1.9 million at June 30, 2018 and December 31, 2017, respectively.		325,000			325,000
5.0% Senior Notes, principal due at maturity in October 2022; interest payable semi-annually in April and October at 5.0%. Unamortized debt issuance costs amounted to $2.1 million and $2.3 million at June 30, 2018 and December 31, 2017, respectively.		250,000			250,000
4.75% Senior Notes, principal due at maturity in October 2027; interest payable semi-annually in April and October at 4.75%. Unamortized debt issuance costs amounted to $3.7 million and $4.0 million at June 30, 2018 and December 31, 2017, respectively.		250,000			250,000
4.5% Non-Recourse Mortgage Note, secured by Capital Commerce Center; principal and interest at 4.5% payable monthly until maturity in January 2033. Unamortized debt issuance costs amounted to $0.3 million at June 30, 2018.		24,019			—
4.43% Non-Recourse Mortgage Note, secured by the Lansing Correctional Facility; principal and interest at 4.43% payable quarterly beginning in July 2020 until maturity in January 2040. Unamortized debt issuance costs amounted to $3.4 million at June 30, 2018.		15,021			—
Total debt		1,508,040			1,459,000
Unamortized debt issuance costs		(14,066	)		(11,813	)
Current portion of long-term debt		(6,193	)		(10,000	)
Long-term debt, net	$	1,487,781		$	1,437,187

Schedule of Principal Payments

Scheduled principal payments as of June 30, 2018 for the remainder of 2018, the next four years, and thereafter were as follows (in thousands):

2018 (remainder)	$	3,090
2019		8,720
2020		338,191
2021		14,410
2022		268,022
Thereafter		875,607
Total debt	$	1,508,040