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Debt (Tables)
9 Months Ended
Sep. 30, 2014
Debt Disclosure [Abstract]  
Components of Long-term Debt

The components of long-term debt as of the dates indicated below were as follows:

 

     September 30,
2014
     December 31,
2013
 
     (Thousands of dollars)  

Senior Notes dated March 17, 2014, interest only payable semi-annually at 5.25%, maturing March 15, 2019

   $ 500,000       $ —     

Senior Notes dated September 23, 2010, interest only payable semi-annually at 8.625% maturing October 15, 2018

     —           300,000   

Revolving Credit Facility due October 1, 2016 with a group of commercial banks, interest payable at variable rates

     81,604         79,000   
  

 

 

    

 

 

 

Total long-term debt

   $ 581,604       $ 379,000