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Debt (Tables)
9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Debt
Our total debt consisted of the following at September 30, 2017 and December 31, 2016:
 
 
September 30, 2017
 
December 31, 2016
Senior unsecured notes
 
 
 
 
2.50% Senior Notes due March 2017
 
$

 
$
299,992

5.75% Senior Notes due March 2018
 
249,911

 
249,771

7.50% Senior Notes due March 2019
 
201,695

 
201,695

4.90% Senior Notes due August 2020
 
167,612

 
167,576

4.625% Senior Notes due March 2021
 
208,561

 
208,538

3.95% Senior Notes due March 2022
 
125,510

 
125,488

7.75% Senior Notes due January 2024
 
981,738

 
980,117

7.70% Senior Notes due April 2025
 
448,983

 
448,909

6.20% Senior Notes due August 2040
 
399,899

 
399,898

6.05% Senior Notes due March 2041
 
397,790

 
397,758

5.25% Senior Notes due March 2042
 
498,393

 
498,369

8.70% Senior Notes due April 2045
 
394,647

 
394,613

Total debt
 
4,074,739

 
4,372,724

Less: Unamortized debt issuance costs
 
(29,760
)
 
(32,613
)
Less: Current maturities of long-term debt (1)
 
(249,652
)
 
(299,882
)
Long-term debt, net of debt issuance costs
 
$
3,795,327

 
$
4,040,229

(1) 
Presented net of current portion of unamortized debt issuance costs of $0.3 million and $0.1 million at September 30, 2017 and December 31, 2016, respectively.
Estimated Fair Value of Our Long-Term Debt, not Including Effect of Unamortized Debt Issuance Costs
The following table presents the estimated fair value of our total debt, not including the effect of unamortized debt issuance costs, as of September 30, 2017 and December 31, 2016, respectively:
 
 
September 30, 2017
 
December 31, 2016
 
 
Carrying Value
 
Estimated Fair Value
 
Carrying Value
 
Estimated Fair Value
Senior unsecured notes:
 
 
 
 
 
 
 
 
2.50% Senior Notes due March 2017
 
$

 
$

 
$
299,992

 
$
299,128

5.75% Senior Notes due March 2018
 
249,911

 
252,638

 
249,771

 
249,808

7.50% Senior Notes due March 2019
 
201,695

 
208,347

 
201,695

 
209,524

4.90% Senior Notes due August 2020
 
167,612

 
164,664

 
167,576

 
167,329

4.625% Senior Notes due March 2021
 
208,561

 
194,303

 
208,538

 
196,416

3.95% Senior Notes due March 2022
 
125,510

 
104,816

 
125,488

 
112,791

7.75% Senior Notes due January 2024
 
981,738

 
890,160

 
980,117

 
945,317

7.70% Senior Notes due April 2025
 
448,983

 
386,802

 
448,909

 
423,267

6.20% Senior Notes due August 2040
 
399,899

 
278,956

 
399,898

 
280,221

6.05% Senior Notes due March 2041
 
397,790

 
274,376

 
397,758

 
273,854

5.25% Senior Notes due March 2042
 
498,393

 
329,460

 
498,369

 
325,814

8.70% Senior Notes due April 2045
 
394,647

 
325,600

 
394,613

 
328,608

Total debt
 
$
4,074,739

 
$
3,410,122

 
$
4,372,724

 
$
3,812,077