Indebtedness (Tables)

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Debt Outstanding

We had the following debt outstanding as of the dates shown below (bank debt interest rate at September 30, 2016 is shown parenthetically) (in thousands). No interest was capitalized during the three or nine months ended September 30, 2016 or the year ended December 31, 2015.

		September 30, 2016			December 31, 2015
Bank debt (2.0%) (a)	$	937,000		$	95,000
Senior notes:
4.875% senior notes due 2025		750,000			750,000
5.00% senior notes due 2023		741,514			—
5.00% senior notes due 2022		580,032			—
5.875% senior notes due 2022 (b)		329,244			—
5.75% senior notes due 2021		475,952			—
Other senior notes due 2022 (c)		1,090			—
Total senior notes		2,877,832			750,000
Senior subordinated notes:
5.00% senior subordinated notes due 2023		7,712			750,000
5.00% senior subordinated notes due 2022		19,054			600,000
5.75% senior subordinated notes due 2021		22,214			500,000
Total senior subordinated notes		48,980			1,850,000
Total debt		3,863,812			2,695,000
Unamortized premium		7,552			—
Unamortized debt issuance costs		(44,655	)		(43,697	)
Total debt net of debt issuance costs	$	3,826,709		$	2,651,303

^(a) As of September 16, 2016, we repaid the $597.0 million balance outstanding on the Memorial credit facility with funds borrowed under the Range credit facility and terminated the Memorial credit facility.

^(b) Represents senior notes assumed in the Memorial Merger that were not purchased for cash and were exchanged for Range 5.875% senior notes due 2022. See Senior Note Exchange below.

^(c) Represents the remaining Memorial 5.875% senior notes assumed in the Memorial Merger that were not purchased for cash or exchanged for Range 5.875% senior notes due 2022. See Senior Note Exchange below.

Summary of Debt Exchange Offer to Exchange Validly Tendered and Accepted Range Senior Subordinated Notes

On September 16, 2016, we also completed our debt exchange offer to exchange all validly tendered and accepted Range senior subordinated notes as detailed below (in thousands):

Existing Note	New Note	Principal Amount of Existing Notes Validly Tendered	Approximate Percentage Validly Tendered
5.00% senior subordinated notes due 2023	5.00% senior notes due 2023	$742,291	99.0%
5.00% senior subordinated notes due 2022	5.00% senior notes due 2022	$580,946	96.8%
5.75% senior subordinated notes due 2021	5.75% senior notes due 2021	$477,786	95.6%