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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Schedule of long-term debt Long-term debt consisted of the following (in thousands):
 
March 31, 2019
 
December 31, 2018
Partnership Credit Facility
$
400,500

 
$
839,500

 
 
 
 
Partnership’s 6.875% senior notes due April 2027
500,000

 

Less: Deferred financing costs, net of amortization
(9,111
)
 

 
490,889

 

 
 
 
 
Partnership’s 6% senior notes due April 2021
350,000

 
350,000

Less: Debt discount, net of amortization
(1,598
)
 
(1,789
)
Less: Deferred financing costs, net of amortization
(2,055
)
 
(2,311
)
 
346,347

 
345,900

 
 
 
 
Partnership’s 6% senior notes due October 2022
350,000

 
350,000

Less: Debt discount, net of amortization
(2,590
)
 
(2,766
)
Less: Deferred financing costs, net of amortization
(2,929
)
 
(3,133
)
 
344,481

 
344,101

Long-term debt
$
1,582,217

 
$
1,529,501

The Partnership must maintain the following consolidated financial ratios, as defined in the Partnership Credit Facility agreement:

EBITDA to Interest Expense
2.5 to 1.0
Senior Secured Debt to EBITDA
3.5 to 1.0
Total Debt to EBITDA
 
Through fiscal year 2018
5.95 to 1.0
Through fiscal year 2019
5.75 to 1.0
Through second quarter of 2020
5.50 to 1.0
Thereafter (1)
5.25 to 1.0
——————
(1) 
Subject to a temporary increase to 5.5 to 1.0 for any quarter during which an acquisition satisfying certain thresholds is completed and for the two quarters immediately following such quarter.