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Indebtedness (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Debt Outstanding

We had the following debt outstanding as of the dates shown below. The expenses of issuing debt are generally capitalized and included as a reduction to debt in the accompanying consolidated balance sheets. For December 31, 2023, deferred financing costs for our bank credit facility are included in other assets in the accompanying consolidated balance sheet. These costs are amortized over the expected life of the related instruments. When debt is retired before maturity, or modifications significantly change the cash flows, the related unamortized costs are expensed. No interest was capitalized in the three-year period ended December 31, 2023. The components of our debt outstanding, including the effects of debt issuance costs, is as follows (in thousands):

 

 

December 31,

 

 

2023

 

 

2022

 

Bank debt

$

 

 

$

19,000

 

Senior notes

 

 

 

 

 

4.875% senior notes due 2025

 

688,388

 

 

 

750,000

 

8.25% senior notes due 2029

 

600,000

 

 

 

600,000

 

4.75% senior notes due 2030

 

500,000

 

 

 

500,000

 

Total senior notes

 

1,788,388

 

 

 

1,850,000

 

Total debt

 

1,788,388

 

 

 

1,869,000

 

Unamortized debt issuance costs

 

(14,159

)

 

 

(27,040

)

Total debt (net of debt issuance costs)

$

1,774,229

 

 

$

1,841,960

 

Schedule for Long-Term Debt Outstanding The following is the principal maturity schedule for our long-term debt outstanding as of December 31, 2023 (in thousands):

 

 

 

Year Ended
December 31,

 

2024

 

$

 

2025

 

 

688,388

 

2026

 

 

 

2027

 

 

 

2028

 

 

 

Thereafter

 

 

1,100,000

 

 

 

$

1,788,388