Long-term Debt (Tables)

9 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Schedule of long-term debt

Long-term debt is as follows: 

	September 30, 2014		December 31, 2013
	(in thousands)
Senior unsecured credit facility	$	496,000	$	300,000
$550 million 4.375% senior unsecured notes due November 2018	550,000		550,000
$1,000 million 4.875% senior unsecured notes due November 2020	1,000,000		1,000,000
$500 million 5.375% senior unsecured notes due November 2023	500,000		500,000
	$	2,546,000	$	2,350,000

Schedule of future minimum repayments of long-term debt

The following is a schedule of future minimum repayments of long-term debt as of September 30, 2014 (in thousands): 

2014	$	—
2015	—
2016	—
2017	—
2018	1,046,000
Thereafter	1,500,000
Total minimum payments	$	2,546,000