Debt (Tables)

12 Months Ended

Dec. 31, 2018

Debt [Abstract]

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, 2018 and 2017 (in thousands):

	Weighted Average
	Coupon Interest Rate at	Maturities as of	December 31,		December 31,
	December 31, 2018 (1)	December 31, 2018	2018		2017
Unsecured Credit Facility
Revolving Credit Facility	3.75%	December 17, 2022	$	252,000	$	131,000
Term Loan I	3.44%	December 17, 2023		350,000		350,000
Term Loan II	3.47%	April 27, 2024		350,000		350,000
Senior Notes	4.75%	November 15, 2025		400,000		400,000
Lenexa Mortgage	4.10%	May 1, 2022		1,801		1,866
Capital Lease and Lease Financing Obligations	4.34%	2019 - 2038		2,873		8,699
	3.89%			1,356,674		1,241,565
Less net debt issuance costs				(11,557)		(11,636)
Total outstanding debt, net			$	1,345,117	$	1,229,929

(1) The coupon interest rates associated with Term Loan I and Term Loan II incorporate the effects of the Company’s interest rate swaps in effect as of December 31, 2018.

Annual Remaining Principal Payment

The annual remaining principal payment requirements as of December 31, 2018 per the contractual maturities and excluding extension options, capital leases and lease financing obligations, are as follows (in thousands):

2019	$	62
2020		71
2021		74
2022		253,594
2023		350,000
Thereafter		750,000
Total	$	1,353,801

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, 2018, on capital leases and lease financing obligations (in thousands):

2019	$	994
2020		151
2021		48
2022		44
2023		49
Thereafter		1,587
Total	$	2,873