XML 84 R26.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Tables)
12 Months Ended
Dec. 31, 2014
Debt Instrument  
Schedule of Long-term Debt Instruments [Table Text Block]
 
December 31,
 
2014
 
2013
 
(in thousands, except percentages)
 
 
 
 
Credit facility (1)
$
1,173,175

 
$
1,173,175

10.25% senior notes due June 2014

 
205,257

6.75% senior notes due November 2020
299,970

 
300,000

6.375% senior notes due September 2022
599,163

 
600,000

Net unamortized premiums
14,644

 
22,729

Total debt, net
2,086,952

 
2,301,161

Less current maturities

 
(211,558
)
Total long-term debt, net
$
2,086,952

 
$
2,089,603


(1) 
Variable interest rate of 2.67% at both December 31, 2014, and December 31, 2013.
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]
 
December 31, 2014
 
December 31, 2013
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
 
(in thousands)
 
 
 
 
 
 
 
 
Credit facility
$
1,173,175

 
$
1,173,175

 
$
1,173,175

 
$
1,173,175

Senior notes, net
913,777

 
699,462

 
1,127,986

 
1,128,527

Total debt, net
$
2,086,952

 
$
1,872,637

 
$
2,301,161

 
$
2,301,702

6.375% Senior notes due 2022  
Debt Instrument  
Senior notes, expressed as percentage of principal amount redeemed, plus accured and unpaid interest, by maturity
On and after March 15, 2017, the Company may redeem all or, from time to time, a part of the September 2022 Senior Notes upon not less than 30 nor more than 60 days’ notice, at the following redemption prices (expressed as a percentage of principal amount of notes to be redeemed), plus accrued and unpaid interest, if any, to the applicable redemption date (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date), if redeemed during the 12-month period beginning on March 15 of the years indicated below:
2017
103.188
%
2018
102.125
%
2019
101.063
%
2020 and thereafter
100.000
%
6.75% Senior notes due 2020  
Debt Instrument  
Senior notes, expressed as percentage of principal amount redeemed, plus accured and unpaid interest, by maturity
The Company may redeem all or any part of the November 2020 Senior Notes at any time beginning on or after November 1, 2015 at the redemption prices set forth below, expressed as percentages of the principal amount redeemed, plus accrued and unpaid interest:
2015
103.375
%
2016
102.250
%
2017
101.125
%
2018 and thereafter
100.000
%