Debt (Tables)

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Schedule of long-term debt instruments

The following table presents information about the Company’s total indebtedness at March 31, 2019 and December 31, 2018 (dollars in thousands):

	March 31, 2019						December 31, 2018
	Effective Interest Rate		Principal Amount		Carrying Amount		Effective Interest Rate		Principal Amount		Carrying Amount
7.25% Senior Notes due 2022	7.25	%	$	10,084	$	10,083	7.91	%	$	400,000	$	392,947
5.75% Senior Notes due 2022	5.75	%	182,479		182,462		6.04	%	700,000		694,464
5.375% Senior Notes due 2023	5.61	%	210,440		208,733		5.62	%	750,000		743,438
6.00% Senior Notes due 2023	6.28	%	1,439,840		1,424,854		6.28	%	1,635,000		1,616,817
5.875% Senior Secured Notes due 2024	6.14	%	300,000		296,205		6.14	%	300,000		296,062
6.00% Senior Notes due 2025	6.27	%	1,200,000		1,183,979		6.27	%	1,200,000		1,183,415
7.50% Senior Secured Notes due 2027	7.71	%	1,500,000		1,480,876				—		—
Term Loan B Facility Due 2024	6.96	%	3,355,238		3,324,085		7.02	%	3,363,775		3,331,276
Total long-term debt, net			$	8,198,081	$	8,111,277			$	8,348,775	$	8,258,419
Less current portion, net			35,940		35,940				34,150		34,150
Total long-term debt, less current portion, net			$	8,162,141	$	8,075,337			$	8,314,625	$	8,224,269

Schedule of maturities of long-term debt

The following table presents the maturities on our long-term debt for each of the five fiscal years subsequent to December 31, 2018 (in thousands):

	Maturities (1)
2019 (2)	$	34,150
2020	$	34,150
2021	$	34,150
2022 (2)	$	226,713
2023	$	1,684,430

__________

(1) Certain amounts borrowed pursuant to the Credit Facilities will immediately mature if certain of our senior notes are not refinanced or repaid in full prior to the date that is 91 days prior to the respective stated maturity dates thereof. Accordingly, we may seek to repay or refinance certain senior notes prior to their stated maturity dates. The amounts in this maturities table do not reflect any such early repayment or refinancing; rather, they reflect stated maturity dates.

(2) In April 2019, the Company redeemed $1.8 million of senior notes, which had a stated maturity date in 2022. The amounts in this table do not reflect this early redemption; rather, they reflect stated maturity dates.