5. Long-Term Debt and Interest Expense

Long-term debt consisted of the following (in thousands):



	September 30, 2014		December 31, 2013
Credit Facilities:
Revolver	$	16,000	$	—
7.75% Senior Notes due 2019		475,000		475,000
7.75% Senior Notes due 2022		300,000		300,000
Unamortized premium		1,280		1,459
Capital leases and other notes		117,349		111,626
		909,629		888,085
Less current portion		43,921		41,394
	$	865,708	$	846,691

Basic had $16.0 million in borrowings and $51.3 million of letters of credit outstanding under the Credit Agreement as of September 30, 2014, giving Basic $182.7 million of available borrowing capacity.

Basic’s interest expense consisted of the following (in thousands):



	Nine Months Ended September 30,
	2014		2013
Cash payments for interest	$	49,689	$	50,758
Commitment and other fees paid		1,719		1,351
Amortization of debt issuance costs and discount or premium on notes		2,232		2,134
Change in accrued interest		(3,413)		(3,376)
Other		26		(326)
	$	50,253	$	50,541