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Long-term Debt (Tables)

12 Months Ended

Dec. 31, 2014

Long-Term Debt

Long-term debt consists of the following at December 31, 2014 and 2013:

		2014				2013
Senior Credit Facility		$	353,750			$	502,106
7 7/8% Senior Subordinated Notes			—				400,000
5 7/8% Senior Subordinated Notes			500,000				500,000
5% Senior Subordinated Notes			535,000				535,000
5 3/8% Senior Notes			510,000				—
Other notes with various rates and terms			1,145				1,696
			1,899,895				1,938,802
Less current maturities			(15,625	)			(55,935	)
Long-term debt excluding current maturities		$	1,884,270			$	1,882,867

Summary of Long-Term Debt Matures

Long-term debt matures as follows:

2015		$	15,625
2016		$	21,118
2017		$	39,375
2018		$	45,000
2019		$	233,750
Later years		$	1,545,027

Schedule of Maturities of Long Term Debt

The Term A Loans began amortizing on June 30, 2014 in quarterly installments on each September 30, December 31, March 31, and June 30 thereafter, as follows:

Principal Payment Date		Principal Amount
March 31, 2015-March 31, 2016		$	3,750
June 30, 2016- March 31, 2017		$	5,625
June 30, 2017-December 31, 2018		$	11,250
Term A Loan Maturity Date		$	168,750

LAMAR MEDIA CORP [Member]

Long-Term Debt

Long-term debt consists of the following at December 31, 2014 and 2013:

		2014				2013
Senior Credit Agreement		$	353,750			$	502,106
7 7/8% Senior Subordinated Notes			—				400,000
5 7/8% Senior Subordinated Notes			500,000				500,000
5% Senior Subordinated Notes			535,000				535,000
5 3/8% Senior Notes			510,000				—
Other notes with various rates and terms			1,145				1,696
			1,899,895				1,938,802
Less current maturities			(15,625	)			(55,935	)
Long-term debt excluding current maturities		$	1,884,270			$	1,882,867

Summary of Long-Term Debt Matures

Long-term debt matures as follows:

2015		$	15,625
2016		$	21,118
2017		$	39,375
2018		$	45,000
2019		$	233,750
Later years		$	1,545,027

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Quarterly payment schedule on term facilities as of the balance sheet date.

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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