Debt

On April 13, 2017, the Company amended its line of credit agreement with a syndicate of banks. The amended agreement provides for a credit facility in the amount of $800 million. Total borrowing capacity for the Company under all lines of credit is currently at $820.0 million, including $20.0 million of debt of The Andersons Denison Ethanol LLC ("TADE"), which is non-recourse to the Company. At June 30, 2017, the Company had a total of $633.5 million available for borrowing under its lines of credit. The Company's borrowing capacity is reduced by a combination of outstanding borrowings and letters of credit. The Company was in compliance with all financial covenants as of June 30, 2017.

The Company’s short-term and long-term debt at June 30, 2017, December 31, 2016 and June 30, 2016 consisted of the following:



(in thousands)	June 30, 2017		December 31, 2016		June 30, 2016
Short-term Debt – Non-Recourse	$	—	$	—	$	—
Short-term Debt - Recourse	$	124,000	$	29,000	$	179,404
Total Short-term Debt	124,000		29,000		179,404

Current Maturities of Long-term Debt – Non-Recourse	—		—		—
Current Maturities of Long-term Debt – Recourse	62,482		47,545		53,720
Total Current Maturities of Long-term Debt	62,482		47,545		53,720

Long-term Debt, Less: Current Maturities – Non-Recourse	—		—		—
Long-term Debt, Less: Current Maturities – Recourse	354,066		397,065		398,746
Total Long-term Debt, Less: Current Maturities	$	354,066	$	397,065	$	398,746