Debt

6 Months Ended

Jun. 30, 2020

Short-term and long-term debt at June 30, 2020, December 31, 2019 and June 30, 2019 consisted of the following:


(in thousands)	June 30, 2020		December 31, 2019		June 30, 2019
Short-term debt – non-recourse	$	43,284	$	54,029	$	75,476
Short-term debt – recourse	52,787		93,002		350,649
Total short-term debt	$	96,071	$	147,031	$	426,125

Current maturities of long-term debt – non-recourse	$	4,845	$	9,545	$	8,903
Current maturities of long-term debt – recourse	63,632		53,354		57,775
Total current maturities of long-term debt	$	68,477	$	62,899	$	66,678

Long-term debt, less: current maturities – non-recourse	$	325,819	$	330,250	$	198,560
Long-term debt, less: current maturities – recourse	650,154		685,998		808,452
Total long-term debt, less: current maturities	$	975,973	$	1,016,248	$	1,007,012

The total borrowing capacity of the Company's lines of credit at June 30, 2020 was $1,690.3 million of which the Company had a total of $1,307.1 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 is in compliance with all financial covenants as of June 30, 2020.