Debt (Tables)

3 Months Ended

Mar. 31, 2016

Outstanding Debt Including Capital Leases

Below is a listing of the Company’s outstanding debt, including capital leases and lease financing obligations, as of March 31, 2016 and December 31, 2015 (in thousands):


	Weighted Average
	Coupon Interest Rate at		March 31,		December 31,
	March 31, 2016	Maturities	2016		2015
Unsecured Credit Facility
Revolving Credit Facility	1.99%	December 17, 2019	$	310,000	$	224,002
Term Loan I	1.94%	December 17, 2020		150,000		150,000
Term Loan II	1.93%	April 27, 2021		150,000		150,000
Senior Notes	5.88%	August 1, 2022		300,000		300,000
Capital Lease and Lease Financing Obligations	3.40%	2016 - 2025		46,666		49,761
	3.26%			956,666		873,763
Less discount and debt issuance costs				(11,709)		(12,194)
Total outstanding debt, net			$	944,957	$	861,569

Annual Remaining Principal Payment

The annual remaining principal payment requirements as of March 31, 2016 per the contractual maturities and excluding extension options, capital leases and lease financing obligations, are as follows (in thousands):


2016	$	-
2017		-
2018		-
2019		310,000
2020		150,000
Thereafter		450,000
Total	$	910,000

Schedule of Combined Future Payment Obligations, Excluding Interest

The following table summarizes the Company’s combined future payment obligations, excluding interest, as of March 31, 2016, on the capital leases and lease financing obligations above (in thousands):


2016	$	9,463
2017		12,388
2018		8,804
2019		2,461
2020		2,190
Thereafter		11,360
Total	$	46,666