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CREDIT FACILITY AND LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Summary of long-term debt outstanding
Long-term debt outstanding consisted of the following:
 
 
December 31,
2018
 
December 31,
2017
Revolving Credit Facility
 
$

 
$
350,000

PBFX Revolving Credit Facility
 
156,000

 
29,700

PBFX 2023 Senior Notes
 
527,819

 
528,374

2025 Senior Notes
 
725,000

 
725,000

2023 Senior Notes
 
500,000

 
500,000

PBF Rail Term Loan
 
21,554

 
28,366

Catalyst leases
 
44,353

 
59,048

 
 
1,974,726

 
2,220,488

Less—Current debt
 
(2,378
)
 
(10,987
)
Unamortized deferred financing costs
 
(41,032
)
 
(34,459
)
Long-term debt
 
$
1,931,316

 
$
2,175,042

Details on the catalyst leases at each of the Company’s refineries as of December 31, 2018 are included in the following table:
 
 
Annual lease fee
 
Annual interest rate
 
Expiration date
Paulsboro catalyst lease
 
$
140

 
2.20
%
 
December 2019(2)
Delaware City catalyst lease
 
$
210

 
1.95
%
 
October 2019(2)
Delaware City catalyst lease - Palladium
 
$
30

 
2.05
%
 
October 2019(2)
Delaware City bridge lease
 
$
29

 
2.10
%
 
February 2019(1)
Toledo catalyst lease
 
$
178

 
1.75
%
 
June 2020
Toledo bridge lease
 
$
22

 
2.10
%
 
April 2019(1)
Chalmette catalyst lease
 
$
97

 
2.10
%
 
October 2021
Chalmette catalyst lease
 
$
171

 
2.20
%
 
November 2019(2)
Chalmette bridge lease
 
$
4

 
2.15
%
 
April 2019(1)
Torrance catalyst lease
 
$
143

 
1.78
%
 
July 2019(2)
Schedule of debt maturing in the next five years and thereafter
Debt maturing in the next five years and thereafter is as follows:
Year Ending December 31,
 
2019
$
31,368

2020
8,633

2021
25,906

2022

2023
1,183,819

Thereafter
725,000

 
$
1,974,726