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Long-Term Debt (Tables)
 9 Months Ended
Sep. 30, 2020
Jun. 17, 2020
Sep. 30, 2020
Debt Disclosure [Abstract]      
Schedule of Long-term Debt Instruments [Table Text Block]    
The following table summarizes the Company’s total outstanding balance on its revolving credit facility, Senior Secured Notes net of unamortized discount and deferred financing costs, and Senior Unsecured Notes, net of unamortized deferred financing costs, as of September 30, 2020, and December 31, 2019:
As of September 30, 2020As of December 31, 2019
(in thousands)
Revolving credit facility$178,000 $122,500 
Senior Secured Notes (1)
457,391 — 
Senior Unsecured Notes (1)
1,717,647 2,610,298 
Total$2,353,038 $2,732,798 
____________________________________________
(1)    Senior Secured Notes and Senior Unsecured Notes have been defined below.
Schedule of Long-Term Debt Instruments, Old Notes Tendered [Table Text Block]  
The following table summarizes the principal amounts of the Old Notes tendered as of the Settlement Date:
Title of Old Notes Tendered
Principal Amount of Old Notes Tendered
(in thousands)
1.50% Senior Convertible Notes due 2021
$107,015 
6.125% Senior Notes due 2022
141,701
5.0% Senior Notes due 2024
155,339
5.625% Senior Notes due 2025
150,882
6.75% Senior Notes due 2026
80,765
6.625% Senior Notes due 2027
83,209
Total
$718,911 
  
Schedule of Borrowing Base Utilization [Table Text Block]
Borrowing Base Utilization Percentage<25%≥25% <50%≥50% <75%≥75% <90%≥90%
Eurodollar Loans (1)
1.750 %2.000 %2.500 %2.750 %3.000 %
ABR Loans or Swingline Loans0.750 %1.000 %1.500 %1.750 %2.000 %
Commitment Fee Rate0.375 %0.375 %0.500 %0.500 %0.500 %
____________________________________________
(1)    The Credit Agreement specifies that if LIBOR is no longer a widely used benchmark rate, or if it is no longer used for determining interest rates for loans in the United States, a replacement interest rate that fairly reflects the cost to the lenders of funding loans shall be established by the Administrative Agent, as defined in the Credit Agreement, in consultation with the Company. Please refer to Note 1 - Summary of Significant Accounting Policies for discussion of FASB ASU 2020-04, which provides guidance related to reference rate reform.
    
Schedule of Line of Credit Facilities [Table Text Block]    
The following table presents the outstanding balance, total amount of letters of credit outstanding, and available borrowing capacity under the Credit Agreement as of October 21, 2020, September 30, 2020, and December 31, 2019:
As of October 21, 2020As of September 30, 2020As of December 31, 2019
(in thousands)
Revolving credit facility (1)
$129,000 $178,000 $122,500 
Letters of credit (2)
42,000 42,000 — 
Available borrowing capacity929,000 880,000 1,077,500 
Total aggregate lender commitment amount$1,100,000 $1,100,000 $1,200,000 
____________________________________________
(1)    Unamortized deferred financing costs attributable to the revolving credit facility are presented as a component of the other noncurrent assets line item on the accompanying balance sheets and totaled $4.7 million and $5.9 million as of September 30, 2020, and December 31, 2019, respectively. These costs are being amortized over the term of the revolving credit facility on a straight-line basis.
(2)    Letters of credit outstanding reduce the amount available under the credit facility on a dollar-for-dollar basis.
Schedule Of Long-term Debt Instruments, Senior Secured Notes [Table Text Block]     Senior Secured Notes, net of unamortized discount and deferred financing costs, included within the Senior Notes, net line item on the accompanying balance sheets as of September 30, 2020, consisted of the following:
As of September 30, 2020
Principal AmountUnamortized Debt DiscountUnamortized Deferred Financing CostsPrincipal Amount, Net
(in thousands)
10.0% Senior Secured Notes due 2025
$446,675 $(39,706)$(12,091)$394,878 
1.50% Senior Secured Convertible Notes due 2021 (1)
65,485 (2,710)(262)62,513 
Total$512,160 $(42,416)$(12,353)$457,391 
____________________________________________
(1)    As discussed above, as required by the 2021 Notes Indenture and as permitted by the Credit Agreement, as the Company issued Permitted Second Lien Debt upon the closing of the Exchange Offers, its remaining 2021 Senior Convertible Notes contemporaneously became secured.
Schedule Of Long-term Debt Instruments, Senior Unsecured Notes [Table Text Block]     Senior Unsecured Notes, net of unamortized deferred financing costs, included within the Senior Notes, net line item on the accompanying balance sheets as of September 30, 2020, and December 31, 2019, consisted of the following:
As of September 30, 2020As of December 31, 2019
Principal AmountUnamortized Deferred Financing CostsPrincipal Amount, NetPrincipal AmountUnamortized Deferred Financing CostsPrincipal Amount, Net
(in thousands)
6.125% Senior Notes due 2022
$231,881 $1,055 $230,826 $476,796 $2,920 $473,876 
5.0% Senior Notes due 2024
315,633 1,941 313,692 500,000 3,766496,234
5.625% Senior Notes due 2025
349,118 2,950 346,168 500,000 4,903495,097
6.75% Senior Notes due 2026
419,235 4,145 415,090 500,000 5,571494,429
6.625% Senior Notes due 2027
416,791 4,920 411,871 500,000 6,601493,399
1.50% Senior Convertible Notes due 2021 (1)(2)
— — — 172,500 15,237 157,263
Total$1,732,658 $15,011 $1,717,647 $2,649,296 $38,998 $2,610,298 
____________________________________________
(1)    Unamortized deferred financing costs attributable to the 2021 Senior Convertible Notes include $13.9 million related to the unamortized debt discount as of December 31, 2019.
(2)    As discussed above, as required by the 2021 Notes Indenture and as permitted by the Credit Agreement, as the Company issued Permitted Second Lien Debt upon the closing of the Exchange Offers, its remaining 2021 Senior Convertible Notes contemporaneously became secured.