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Long-Term Debt (Tables)
 6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Components of Long-Term Debt
The table below reflects long-term debt outstanding as of the dates indicated:
 
 
June 30,
 
December 31,
In thousands
 
2020
 
2019
Senior Secured Bank Credit Agreement
 
$
265,000

 
$
—

9% Senior Secured Second Lien Notes due 2021
 
584,709

 
614,919

9¼% Senior Secured Second Lien Notes due 2022
 
455,668

 
455,668

7¾% Senior Secured Second Lien Notes due 2024
 
531,821

 
531,821

7½% Senior Secured Second Lien Notes due 2024
 
20,641

 
20,641

6⅜% Convertible Senior Notes due 2024
 
225,663

 
245,548

6⅜% Senior Subordinated Notes due 2021
 
51,304

 
51,304

5½% Senior Subordinated Notes due 2022
 
58,426

 
58,426

4⅝% Senior Subordinated Notes due 2023
 
135,960

 
135,960

Pipeline financings
 
160,428

 
167,439

Capital lease obligations
 
157

 
—

Total debt principal balance
 
2,489,777

 
2,281,726

Debt discount(1)
 
(88,442
)
 
(101,767
)
Future interest payable(2)
 
119,454

 
164,914

Debt issuance costs
 
(8,537
)
 
(10,009
)
Total debt, net of debt issuance costs and discount
 
2,512,252

 
2,334,864

Less: current maturities of long-term debt(3)
 
(2,366,330
)
 
(102,294
)
Long-term debt
 
$
145,922

 
$
2,232,570



(1)
Consists of discounts related to our 7¾% Senior Secured Second Lien Notes due 2024 and 6⅜% Convertible Senior Notes due 2024 of $24.4 million and $64.0 million, respectively, as of June 30, 2020.
(2)
Future interest payable represents most of the interest due over the terms of our 9% Senior Secured Second Lien Notes due 2021 (the “2021 Senior Secured Notes”) and 9¼% Senior Secured Second Lien Notes due 2022 (the “2022 Senior Secured Notes”) and has been accounted for as debt in accordance with FASC 470-60, Troubled Debt Restructuring by Debtors.
(3)
Our current maturities of long-term debt as of June 30, 2020 include $119.5 million of future interest payable related to the 2021 Senior Secured Notes and 2022 Senior Secured Notes that is due within the next twelve months. See Chapter 11 Restructuring and Effect of Automatic Stay below.