XML 113 R96.htm IDEA: XBRL DOCUMENT v3.20.4
Senior Notes (Summary of Senior Notes) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
May 31, 2020
Dec. 31, 2019
Oct. 31, 2017
Dec. 31, 2015
Jul. 31, 2014
Debt Instrument [Line Items]            
Long-term Debt, gross $ 1,125,000   $ 1,025,000      
Debt issuance costs, net (12,591)   (7,990)      
Senior notes, net 1,112,409   1,017,010      
Senior notes 4.250% due 2024 [Member]            
Debt Instrument [Line Items]            
Long-term Debt, gross [1] 500,000   500,000      
Senior notes, net           $ 300,000
Senior notes 4.00% due 2030 [Member]            
Debt Instrument [Line Items]            
Long-term Debt, gross [2] 400,000          
Senior notes, net   $ 400,000        
Senior notes 5.20% due 2047 [Member]            
Debt Instrument [Line Items]            
Long-term Debt, gross [3] $ 225,000   225,000      
Senior notes, net       $ 200,000    
Senior notes 3.50% due 2020 [Member]            
Debt Instrument [Line Items]            
Long-term Debt, gross [4]     $ 300,000      
Senior notes, net         $ 300,000  
[1] 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. In July 2016, we issued an additional $200.0 million in aggregate principal amount of 4.25% senior notes due 2024.
[2] In May 2020, we sold in a registered underwritten public offering, $400.0 million in aggregate principal amount of 4.00% senior notes due May 2030. 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 the greater of a) 100% of their principal amount, or b) discounted present value at Treasury rate plus 50 basis points prior to February 15, 2030, and on or after February 15, 2030, at 100% of their principal amount, and accrued and unpaid interest, if any, to the date of redemption.
[3] In October 2017, we completed the pricing of a registered underwritten public offering of $200.0 million in aggregate principal amount of 5.20% senior notes due October 2047. Interest on the senior notes is payable quarterly in arrears on January 15, April 15, July 15, and October 15. On or after October 15, 2022, 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 October 27, 2017, we completed the sale of an additional $25.0 million aggregate principal amount of Notes pursuant to the over-allotment option.
[4] In December 2015, we sold in a registered underwritten public offering, $300.0 million in aggregate principal amount of 3.50% senior notes due December 2020. 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. These notes matured in December 2020.