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Long-term debt (Tables)
 9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Summary Long-Term Debt
Our long-term debt is summarized below (in thousands):
Sept. 30, 2020Dec. 31, 2019
Unsecured floating rate term loan due quarterly through June 2020$— $20,000 
Unsecured floating rate term loan due quarterly through September 2020— 105,000 
Unsecured notes bearing fixed rate interest at 5.125% due July 2020
— 310,000 
Unsecured notes bearing fixed rate interest at 4.875% due September 20211
350,000 350,000 
Unsecured notes bearing fixed rate interest at 6.375% due October 2023
— 650,000 
Borrowings under revolving credit agreement expiring August 2024175,000 903,000 
Unsecured notes bearing fixed rate interest at 5.500% due September 2024
325,000 325,000 
Unsecured notes bearing fixed rate interest at 4.750% due March 2026
550,000 — 
Unsecured notes bearing fixed rate interest at 7.75% due June 2027
200,000 200,000 
Unsecured notes bearing fixed rate interest at 7.25% due September 2027
240,000 240,000 
Unsecured notes bearing fixed rate interest at 4.625% due March 2028
1,000,000 — 
Unsecured notes bearing fixed rate interest at 5.00% due September 2029
1,100,000 1,100,000 
Total principal long-term debt3,940,000 4,203,000 
Debt issuance costs(40,175)(26,873)
Unamortized premiums and discounts, net6,371 3,118 
Total long-term debt$3,906,196 $4,179,245 
1 We have the intent and ability to refinance the principal payment due within the next 12 months on a long-term basis through our revolving credit facility. As such, all debt presented in the table above is classified as long-term on our September 30, 2020 Condensed Consolidated Balance Sheet.
Schedule Of Maximum Permitted Total Leverage Ratios The maximum permitted total leverage ratios under our revolving credit facility are now as follows:
PeriodLeverage Ratio
Fiscal quarter ending September 30, 2020 through and including fiscal quarter ending December 31, 2021
5.50 to 1.00
Fiscal quarter ending March 31, 2022
5.25 to 1.00
Fiscal quarter ending June 30, 2022
5.00 to 1.00
Fiscal quarter ending September 30, 2022
4.75 to 1.00
Thereafter
4.50 to 1.00