Debt (Tables)

12 Months Ended

Dec. 31, 2017

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, 2017 and 2016 (in thousands):


	Weighted Average
	Coupon Interest Rate at	Maturities as of	December 31,		December 31,
	December 31, 2017	December 31, 2017	2017		2016
Unsecured Credit Facility
Revolving Credit Facility	2.85%	December 17, 2021	$	131,000	$	139,000
Term Loan I	2.88%	December 17, 2022		350,000		300,000
Term Loan II	2.91%	April 27, 2023		350,000		200,000
Senior Notes	4.75%	November 15, 2025		400,000		300,000
Lenexa Mortgage	4.10%	May 1, 2022		1,866		—
Capital Lease and Lease Financing Obligations	2.01%	2018 - 2019		8,699		38,708
	3.48%			1,241,565		977,708
Less discount and net debt issuance costs				(11,636)		(11,882)
Total outstanding debt, net			$	1,229,929	$	965,826

Annual Remaining Principal Payment

The annual remaining principal payment requirements as of December 31, 2017 per the contractual maturities and excluding extension options, capital leases and lease financing obligations, are as follows (in thousands):


2018	$	65
2019		68
2020		71
2021		131,074
2022		350,077
Thereafter		751,511
Total	$	1,232,866

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, 2017, on the capital leases and lease financing obligations described above (in thousands):


2018	$	7,760
2019		939
2020		-
2021		-
2022		-
Thereafter		-
Total	$	8,699