Debt (Tables)

12 Months Ended

Dec. 31, 2016

Outstanding Debt Including Capital Leases and Lease Financing Obligations

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


	Weighted Average
	Coupon Interest Rate at		December 31,		December 31,
	December 31, 2016	Maturities	2016		2015
Unsecured Credit Facility
Revolving Credit Facility	2.22%	December 17, 2020	$	139,000	$	224,002
Term Loan I	2.19%	December 17, 2021		300,000		150,000
Term Loan II	2.25%	April 27, 2022		200,000		150,000
Senior Notes	5.88%	August 1, 2022		300,000		300,000
Capital Lease and Lease Financing Obligations	3.52%	2017 - 2025		38,708		49,761
	3.39%			977,708		873,763
Less discount and net debt issuance costs				(11,882)		(12,194)
Total outstanding debt, net			$	965,826	$	861,569

Annual Remaining Principal Payment

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


2017	$	—
2018		—
2019		—
2020		139,000
2021		300,000
Thereafter		500,000
Total	$	939,000

Schedule of Combined Future Payment Obligations, Excluding Interest

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


2017	$	12,944
2018		9,370
2019		2,844
2020		2,190
2021		2,388
Thereafter		8,972
Total	$	38,708