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v3.20.4

Long-term Debt (Tables) | 12 Months Ended
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Dec. 31, 2020
Long-Term Debt | Long-term debt consists of the following at December 31, 2020 and 2019:
|  | December 31, 2020 |
|  | Debt |  |  | Deferred financing costs |  |  | Debt, net of deferred financing costs |
Senior Credit Facility |  | $ | 598,466 |  |  | $ | 11,569 |  |  | $ | 586,897 |
Accounts Receivable Securitization Program |  |  | 122,500 |  |  |  | 445 |  |  |  | 122,055 |
3 3/4% Senior Notes |  |  | 600,000 |  |  |  | 8,031 |  |  |  | 591,969 |
4% Senior Notes |  |  | 549,280 |  |  |  | 7,911 |  |  |  | 541,369 |
4 7/8% Senior Notes |  |  | 400,000 |  |  |  | 5,586 |  |  |  | 394,414 |
5 3/4% Senior Notes |  |  | 653,631 |  |  |  | 6,575 |  |  |  | 647,056 |
Other notes with various rates and terms |  |  | 2,756 |  |  |  | — |  |  |  | 2,756 |
|  |  | 2,926,633 |  |  |  | 40,117 |  |  |  | 2,886,516 |
Less current maturities |  |  | (122,879 | ) |  |  | (445 | ) |  |  | (122,434 | )
Long-term debt, excluding current maturities |  | $ | 2,803,754 |  |  | $ | 39,672 |  |  | $ | 2,764,082 |
|  | December 31, 2019 |
|  | Debt |  |  | Deferred financing costs |  |  | Debt, net of deferred financing costs |
Senior Credit Facility |  | $ | 1,127,069 |  |  | $ | 9,077 |  |  | $ | 1,117,992 |
Accounts Receivable Securitization Program |  |  | 175,000 |  |  |  | 846 |  |  |  | 174,154 |
5% Senior Subordinated Notes |  |  | 535,000 |  |  |  | 3,237 |  |  |  | 531,763 |
5 3/8% Senior Notes |  |  | 510,000 |  |  |  | 3,502 |  |  |  | 506,498 |
5 3/4% Senior Notes |  |  | 654,345 |  |  |  | 7,752 |  |  |  | 646,593 |
Other notes with various rates and terms |  |  | 3,118 |  |  |  | — |  |  |  | 3,118 |
|  |  | 3,004,532 |  |  |  | 24,414 |  |  |  | 2,980,118 |
Less current maturities |  |  | (232,595 | ) |  |  | (6,081 | ) |  |  | (226,514 | )
Long-term debt, excluding current maturities |  | $ | 2,771,937 |  |  | $ | 18,333 |  |  | $ | 2,753,604 |
Summary of Long-Term Debt Contractual Maturities | Long-term debt contractual maturities are as follows:
|  | Debt |  |  | Deferred financing costs |  |  | Debt, net of deferred financing costs |
2021 |  | $ | 122,879 |  |  | $ | 445 |  |  | $ | 122,434 |
2022 |  | $ | 362 |  |  | $ | — |  |  | $ | 362 |
2023 |  | $ | 381 |  |  | $ | — |  |  | $ | 381 |
2024 |  | $ | 400 |  |  | $ | — |  |  | $ | 400 |
2025 |  | $ | 420 |  |  | $ | 4,464 |  |  | $ | (4,044 | )
Later years |  | $ | 2,802,191 |  |  | $ | 35,208 |  |  | $ | 2,766,983 |
LAMAR MEDIA CORP. AND SUBSIDIARIES [Member] |
Long-Term Debt | Long-term debt consists of the following at December 31, 2020 and 2019:
|  | December 31, 2020 |
|  | Debt |  |  | Deferred financing costs |  |  | Debt, net of deferred financing costs |
Senior Credit Facility |  | $ | 598,466 |  |  | $ | 11,569 |  |  | $ | 586,897 |
Accounts Receivable Securitization Program |  |  | 122,500 |  |  |  | 445 |  |  |  | 122,055 |
3 3/4% Senior Notes |  |  | 600,000 |  |  |  | 8,031 |  |  |  | 591,969 |
4% Senior Notes |  |  | 549,280 |  |  |  | 7,911 |  |  |  | 541,369 |
4 7/8% Senior Notes |  |  | 400,000 |  |  |  | 5,586 |  |  |  | 394,414 |
5 3/4% Senior Notes |  |  | 653,631 |  |  |  | 6,575 |  |  |  | 647,056 |
Other notes with various rates and terms |  |  | 2,756 |  |  |  | — |  |  |  | 2,756 |
|  |  | 2,926,633 |  |  |  | 40,117 |  |  |  | 2,886,516 |
Less current maturities |  |  | (122,879 | ) |  |  | (445 | ) |  |  | (122,434 | )
Long-term debt, excluding current maturities |  | $ | 2,803,754 |  |  | $ | 39,672 |  |  | $ | 2,764,082 |
|  | December 31, 2019 |
|  | Debt |  |  | Deferred financing costs |  |  | Debt, net of deferred financing costs |
Senior Credit Facility |  | $ | 1,127,069 |  |  | $ | 9,077 |  |  | $ | 1,117,992 |
Accounts Receivable Securitization Program |  |  | 175,000 |  |  |  | 846 |  |  |  | 174,154 |
5% Senior Subordinated Notes |  |  | 535,000 |  |  |  | 3,237 |  |  |  | 531,763 |
5 3/8% Senior Notes |  |  | 510,000 |  |  |  | 3,502 |  |  |  | 506,498 |
5 3/4% Senior Notes |  |  | 654,345 |  |  |  | 7,752 |  |  |  | 646,593 |
Other notes with various rates and terms |  |  | 3,118 |  |  |  | — |  |  |  | 3,118 |
|  |  | 3,004,532 |  |  |  | 24,414 |  |  |  | 2,980,118 |
Less current maturities |  |  | (232,595 | ) |  |  | (6,081 | ) |  |  | (226,514 | )
Long-term debt, excluding current maturities |  | $ | 2,771,937 |  |  | $ | 18,333 |  |  | $ | 2,753,604 |
Summary of Long-Term Debt Contractual Maturities | Long-term debt contractual maturities are as follows:
|  | Debt |  |  | Deferred financing costs |  |  | Debt, net of deferred financing costs |
2021 |  | $ | 122,879 |  |  | $ | 445 |  |  | $ | 122,434 |
2022 |  | $ | 362 |  |  | $ | — |  |  | $ | 362 |
2023 |  | $ | 381 |  |  | $ | — |  |  | $ | 381 |
2024 |  | $ | 400 |  |  | $ | — |  |  | $ | 400 |
2025 |  | $ | 420 |  |  | $ | 4,464 |  |  | $ | (4,044 | )
Later years |  | $ | 2,802,191 |  |  | $ | 35,208 |  |  | $ | 2,766,983 |

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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