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Credit Facilities and Long-term Debt (Tables) | 12 Months Ended
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Dec. 31, 2017
Debt Disclosure [Abstract] |
Summary of Outstanding Balances on Credit Facilities and Long-term Debt | Below is a summary of our outstanding balances on credit facilities and long-term debt (in thousands):
December 31, |  | 2017 |  | 2016
Floor plan notes payable: non-trade |  | $ | 1,802,252 |  |  | $ | 1,506,895 |
Floor plan notes payable |  | 116,774 |  |  | 94,602 |
Total floor plan debt |  | $ | 1,919,026 |  |  | $ | 1,601,497 |
Used vehicle inventory financing facility |  | $ | 177,222 |  |  | $ | 211,000 |
Revolving lines of credit |  | 94,568 |  |  | 142,507 |
Real estate mortgages |  | 469,969 |  |  | 428,367 |
5.25% Senior notes due 2025 |  | 300,000 |  |  | — |
Other debt |  | 12,512 |  |  | 11,191 |
Total long-term debt outstanding |  | 1,054,271 |  |  | 793,065 |
Less: unamortized debt issuance costs |  | (6,919 | ) |  | (2,184 | )
Less: current maturities (net of current debt issuance costs) |  | (18,876 | ) |  | (20,965 | )
Long-term debt |  | $ | 1,028,476 |  |  | $ | 769,916 |
Schedule of Debt Covenant Terms | Under our credit facility, we are required to maintain the ratios detailed in the following table:
Debt Covenant Ratio |  | Requirement |  | As of December 31, 2017
Current ratio |  | Not less than 1.10 to 1 |  | 1.21 to 1
Fixed charge coverage ratio |  | Not less than 1.20 to 1 |  | 2.82 to 1
Leverage ratio |  | Not more than 5.00 to 1 |  | 2.59 to 1
Schedule of Maturities of Long-term Debt | The schedule of future principal payments associated with real estate mortgages, our 5.25% Senior Notes and other debt as of December 31, 2017 was as follows (in thousands):
Year Ending December 31, |  |
2018 |  | $ | 18,948 |
2019 |  | 47,888 |
2020 |  | 40,236 |
2021 |  | 43,291 |
2022 |  | 61,103 |
Thereafter |  | 571,014 |
Total principal payments |  | $ | 782,480 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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