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LONG-TERM DEBT (Tables)
9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Outstanding
Long-term debt outstanding as of September 30, 2017 and December 31, 2016 consisted of the following:
(In thousands)
September 30,
2017
 
December 31,
2016
Senior Secured Credit Facilities(1)
$
6,300,000

 
$
6,300,000

Receivables Based Credit Facility Due 2017(2)
365,000

 
330,000

9.0% Priority Guarantee Notes Due 2019
1,999,815

 
1,999,815

9.0% Priority Guarantee Notes Due 2021
1,750,000

 
1,750,000

11.25% Priority Guarantee Notes Due 2021
825,546

 
575,000

9.0% Priority Guarantee Notes Due 2022
1,000,000

 
1,000,000

10.625% Priority Guarantee Notes Due 2023
950,000

 
950,000

Subsidiary Revolving Credit Facility Due 2018(3)

 

Other secured subsidiary debt(4)
8,681

 
20,987

Total consolidated secured debt
13,199,042

 
12,925,802

 
 
 
 
14.0% Senior Notes Due 2021(5)
1,763,925

 
1,729,168

Legacy Notes(6)
475,000

 
475,000

10.0% Senior Notes Due 2018
96,482

 
347,028

Subsidiary Senior Notes due 2022
2,725,000

 
2,725,000

Subsidiary Senior Subordinated Notes due 2020
2,200,000

 
2,200,000

Clear Channel International B.V. Senior Notes due 2020
375,000

 
225,000

Other subsidiary debt
25,588

 
27,954

Purchase accounting adjustments and original issue discount
(142,796
)
 
(166,961
)
Long-term debt fees
(102,341
)
 
(123,003
)
Total debt
20,614,900

 
20,364,988

Less: current portion
619,003

 
342,908

Total long-term debt
$
19,995,897

 
$
20,022,080

(1)
Term Loan D and Term Loan E mature in 2019.
(2)
The Receivables Based Credit Facility, which matures December 24, 2017, provides for borrowings up to the lesser of $535.0 million (the revolving credit commitment) or the borrowing base, subject to certain limitations contained in the Company's material financing agreements.
(3)
The Subsidiary Revolving Credit Facility provides for borrowings up to $75.0 million (the revolving credit commitment).
(4)
Other secured subsidiary debt matures at various dates from 2017 through 2045.
(5)
The 14.0% Senior Notes due 2021 are subject to required payments at various dates from 2018 through 2021. 2.0% per annum of the interest is paid through the issuance of payment-in-kind notes in the first and third quarters.
(6)
The Company's Legacy Notes, all of which were issued prior to the acquisition of the Company by Parent in 2008, consist of Senior Notes maturing at various dates in 2018 and 2027, as well as $57.1 million of Senior Notes due 2016 held by a subsidiary of the Company that remain outstanding but are eliminated for purposes of consolidation of the Company’s financial statements.