Debt (Tables)

3 Months Ended

Mar. 31, 2019

Outstanding Debt Including Capital Leases and Lease Financing Obligations

Below is a listing of the Company’s outstanding debt, including finance leases, as of March 31, 2019 and December 31, 2018 (in thousands):


	Weighted Average
	Coupon Interest Rate at		March 31,		December 31,
	March 31, 2019 (1)	Maturities	2019		2018
	(unaudited)		(unaudited)
Unsecured Credit Facility
Revolving Credit Facility	3.83%	December 17, 2022	$	135,000	$	252,000
Term Loan I	3.50%	December 17, 2023		350,000		350,000
Term Loan II	3.53%	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		1,791		1,801
Finance Leases	4.33%	2019 - 2038		47,197		2,873
	3.96%			1,283,988		1,356,674
Less net debt issuance costs				(11,195)		(11,557)
Total outstanding debt, net			$	1,272,793	$	1,345,117

(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 March 31, 2019.

Annual Remaining Principal Payment

The annual remaining principal payment requirements as of March 31, 2019 per the contractual maturities, excluding extension options and excluding finance leases, are as follows (unaudited and in thousands):


2019	$	52
2020		71
2021		74
2022		136,594
2023		350,000
Thereafter		750,000
Total	$	1,236,791