Debt (Tables)

9 Months Ended

Sep. 30, 2015

Debt Disclosure [Abstract]

Schedule of carrying amount and fair value of debt instruments

The following table presents the carrying amount and fair values of the Company's debt for the periods presented:

	September 30, 2015				December 31, 2014
(in thousands)	Carrying value		Fair value		Carrying value		Fair value
January 2019 Notes(1)	$	—	$	—	$	551,295	$	550,000
January 2022 Notes	450,000		405,000		450,000		396,014
May 2022 Notes	500,000		487,500		500,000		467,529
March 2023 Notes	350,000		318,500		—		—
Senior Secured Credit Facility	135,000		134,981		300,000		300,279
Total value of debt	$	1,435,000	$	1,345,981	$	1,801,295	$	1,713,822

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(1) The carrying value of the January 2019 Notes includes the October Notes unamortized bond premium of $1.3 million as of December 31, 2014.

Schedule of debt

The following tables summarize the net presentation of the Company's long-term debt and debt issuance cost on the unaudited consolidated balance sheets for the periods presented:

	September 30, 2015							December 31, 2014
(in thousands)	Carrying value		Debt issuance costs, net			Long-term debt, net		Carrying value		Debt issuance costs, net			Long-term debt, net
January 2019 Notes	$	—	$	—		$	—	$	551,295	$	(7,031	)	$	544,264
January 2022 Notes	450,000		(6,183		)	443,817		450,000		(6,916		)	443,084
May 2022 Notes	500,000		(7,281		)	492,719		500,000		(7,901		)	492,099
March 2023 Notes	350,000		(5,970		)	344,030		—		—			—
Senior Secured Credit Facility(1)	135,000		—			135,000		300,000		—			300,000
Total	$	1,435,000	$	(19,434	)	$	1,415,566	$	1,801,295	$	(21,848	)	$	1,779,447

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(1) Debt issuance costs related to our Senior Secured Credit Facility are recorded in "Other assets, net" on the unaudited consolidated balance sheets.