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Debt (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Outstanding debt including operating leases and lease financing obligations
Below is a listing of our outstanding debt, including finance leases, as of December 31, 2020 and 2019 (in thousands):
Weighted Average Effective Interest Rate at December 31, 2020 (1)
Maturity DateDecember 31, 2020December 31, 2019
Unsecured Credit Facility
Revolving Credit Facility1.41 %December 17, 2023$392,337 $317,028 
Term Loan A3.26 %December 17, 2024225,000 225,000 
Term Loan B3.30 %April 27, 2025225,000 225,000 
Term Loan C3.46 %October 18, 2026250,000 250,000 
Term Loan D1.45 %January 15, 2026250,000 — 
4.750% Senior Notes
4.75 %November 15, 2025— 400,000 
3.875% Senior Notes
3.88 %October 1, 2028500,000 — 
Lenexa Mortgage4.10 %May 1, 2022— 1,736 
Finance Leases4.33 %2021 - 203841,718 45,140 
2.85 %1,884,055 1,463,904 
Less net debt issuance costs(14,562)(10,839)
Total outstanding debt, net$1,869,493 $1,453,065 
(1)The coupon interest rates associated with Term Loan A, Term Loan B, and Term Loan C incorporate the effects of our interest rate swaps in effect as of December 31, 2020.
Annual remaining principal payment
The annual remaining principal payment requirements of our debt securities as of December 31, 2020 per the contractual maturities, excluding extension options and excluding operating and finance leases, are as follows (in thousands):
Year ending December 31,
2021$— 
2022— 
2023392,337
2024225,000
2025225,000
Thereafter1,000,000
Total$1,842,337