Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of debt

	December 31,
(in thousands)	2018			2017
9.25% Senior Secured Notes due June 2023 (a)	$	645,000		$	645,000
6.50% Senior Notes due April 2021	2,240			$	2,240
Unamortized discount and debt issuance costs (b)	(18,251		)	(21,336		)
Total CVR Partners Debt	$	628,989		$	625,904

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(a) The estimated fair value of total long-term debt outstanding was approximately $670.8 million and $694.2 million as of December 31, 2018 and December 31, 2017, respectively. This estimate of fair value is Level 2 as it was determined by quotations obtained from a broker-dealer who makes a market in these and similar securities.

(b) For the year ended December 31, 2018, 2017 and 2016, amortization of the discount on debt and amortization of deferred financing costs reported as interest expense, net totaled approximately $3.3 million, $3.0 million, and $1.7 million, respectively.

Credit Facilities Outstanding

(in thousands)	Total Capacity		Amount Borrowed as of December 31, 2018		Outstanding Letters of Credit		Available Capacity as of December 31, 2018		Maturity Date
Asset Based (ABL) Credit Facility (a)	$	50,000	$	—	$	—	$	50,000	September 30, 2021

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(a) At the option of the borrowers, loans under the asset based credit facility initially bear interest at an annual rate equal to (i) 2.00% plus LIBOR or (ii) 1.00% plus a base rate, subject to a 0.50% step-down based on the previous quarter’s excess availability.