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Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Long-term Debt
Long-term debt is comprised of the following:
As of December 31,
20192020
 (In thousands)
7½% Senior Notes due 2025:
Principal$625,000 $619,400 
Discount, net of amortization(169,232)(145,672)
9¾% Senior Notes due 2026:
Principal850,000 1,650,000 
Discount, net of amortization(29,943)(72,176)
Bank Credit Facility:
Principal1,250,000 500,000 
Debt issuance costs, net of amortization(25,693)(34,403)
$2,500,132 $2,517,149 
Principal Amount of Debt by Year of Maturity
The following table summarizes Comstock's principal amount of debt as of December 31, 2020 by year of maturity:
20212022202320242025ThereafterTotal
(In thousands)
Bank credit facility$— $— $— $500,000 $— $— $500,000 
7½% Senior Notes Due 2025
— — — — 619,400 — 619,400 
9¾% Senior Notes Due 2026
— — — — — 1,650,000 1,650,000 
$— $— $— $500,000 $619,400 $1,650,000 $2,769,400