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Senior Notes | 6 Months Ended
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Jun. 30, 2017
Debt Disclosure [Abstract] |
Senior Notes | NOTE 10 – Senior Notes The following table summarizes our senior notes as of June 30, 2017 and December 31, 2016 (in thousands):
|  | June 30, 2017 |  |  | December 31, 2016 |
4.250% senior notes, due 2024 (1) |  | $ | 500,000 |  |  | $ | 500,000 |
3.50% senior notes, due 2020 (2) |  |  | 300,000 |  |  |  | 300,000 |
|  |  | 800,000 |  |  |  | 800,000 |
Debt issuance costs, net |  |  | (3,704 | ) |  |  | (4,109 | )
|  | $ | 796,296 |  |  | $ | 795,891 |
1 | In July 2014, we sold in a registered underwritten public offering, $300.0 million in aggregate principal amount of 4.250% senior notes due July 2024. Interest on these senior notes is payable semi-annually in arrears. We may redeem the notes in whole or in part, at our option, at a redemption price equal to 100% of their principal amount, plus a “make-whole” premium and accrued and unpaid interest, if any, to the date of redemption. In July 2016, we issued an additional $200.0 million in aggregate principal amount of 4.25% senior notes due 2024.
2 | In December 2015, we sold in a registered underwritten public offering, $300.0 million in aggregate principal amount of 3.50% senior notes due December 2020. Interest on these senior notes is payable semi-annually in arrears. We may redeem the notes in whole or in part, at our option, at a redemption price equal to 100% of their principal amount, plus a “make-whole” premium and accrued and unpaid interest, if any, to the date of redemption.
Our senior notes mature as follows, based upon contractual terms (in thousands):
2017 |  | $ | — |
2018 |  |  | — |
2019 |  |  | — |
2020 |  |  | 300,000 |
2021 |  |  | — |
Thereafter |  |  | 500,000 |
|  | $ | 800,000 |

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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