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Long Term Debt (Tables)
3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Components of Long-term Debt

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

 

     March 31,      December 31,  
     2015      2014  
     (Thousands of dollars)  

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

   $ 500,000       $ 500,000   

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

     39,640         43,000   
  

 

 

    

 

 

 

Total long-term debt

$ 539,640    $ 543,000