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Senior Notes (Tables)
6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Schedule Of Corporate Debt

The following table summarizes our senior notes as of June 30, 2015 and December 31, 2014 (in thousands):

 

 

 

June 30,

2015

 

 

December 31, 2014

 

6.70% senior notes, due 2022 1

 

$

 

 

$

175,000

 

5.375% senior notes, due 2022 2

 

 

150,000

 

 

 

150,000

 

4.250% senior notes, due 2024 3

 

 

300,000

 

 

 

300,000

 

 

 

$

450,000

 

 

$

625,000

 

 

1

In January 2012, we sold in a registered underwritten public offering, $175.0 million in aggregate principal amount of 6.70% senior notes due January 2022. Interest on these senior notes is payable quarterly in arrears. On or after January 15, 2015, we may redeem some or all of the senior notes at any time at a redemption price equal to 100% of the principal amount of the notes being redeemed plus accrued interest thereon to the redemption date. On January 15, 2015, we redeemed 100% of our company’s outstanding 6.70% senior notes.

2

In December 2012, we sold in a registered underwritten public offering, $150.0 million in aggregate principal amount of 5.375% senior notes due December 2022. Interest on these senior notes is payable quarterly in arrears. On or after December 31, 2015, we may redeem some or all of the senior notes at any time at a redemption price equal to 100% of the principal amount of the notes being redeemed plus accrued interest thereon to the redemption date.

3

In July 2014, we sold in a registered underwritten public offering, $300.0 million in aggregate principal amount of 4.250% senior notes due July 2024. Interest on these senior notes is payable semi-annually in arrears. We may redeem the notes in whole or in part, at our option, at a redemption price equal to 100% of their principal amount, plus a “make-whole” premium and accrued and unpaid interest, if any, to the date of redemption.

Schedule Of Corporate Date Maturity

Our senior notes mature as follows, based upon contractual terms:

 

2015

 

$

 

2016

 

 

 

2017

 

 

 

2018

 

 

 

2019

 

 

 

Thereafter

 

 

450,000

 

 

 

$

450,000