XML 45 R34.htm IDEA: XBRL DOCUMENT v3.8.0.1
Long-Term Debt (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Long-term debt      
Total long-term debt $ 1,526,865,000   $ 782,902,000
Loan fees and incurred costs paid during period 15,328,000    
Amount of indebtedness repaid 84,945,000 $ 68,342,000  
Revolving credit facility      
Long-term debt      
Long-term debt, current portion 0   0
Total long-term debt 819,061,000   $ 782,902,000
Additional borrowing capacity under the credit agreement after amendment 800,000,000    
Loan fees and incurred costs paid during period 800,000 $ 0  
Borrowing base availability 273,900,000    
Borrowing capacity, subject to covenants $ 37,000,000    
Effective interest rate (as a percent) 4.75%   3.46%
Weighted average interest rate (as a percent) 3.67% 2.98%  
Letters of credit $ 0 $ 0  
Senior Notes      
Long-term debt      
Long-term debt, aggregate principal 725,000,000    
Less: deferred financing costs, net of amortization (17,196,000)    
Total long-term debt 707,804,000    
Bridge loans, transaction fees $ 18,400,000    
Effective interest rate (as a percent) 6.875%    
Deferred finances costs, gross $ 17,300,000    
Senior Notes | Redemption required from hypothetical change of control or ratings decline      
Long-term debt      
Redemption price (as a percent) 101.00%    
Senior Notes | Prior to April 1, 2021      
Long-term debt      
Principal amount redeemed (as a percent) 35.00%    
Redemption price (as a percent) 106.875%    
Principal amount of debt outstanding after redemption (as a percent) 65.00%    
Redemption within number of days of equity offering 180 days    
Senior Notes | Twelve-month period beginning on April 1, 2021      
Long-term debt      
Redemption price (as a percent) 105.156%    
Senior Notes | Twelve-month period beginning on April 1, 2022      
Long-term debt      
Redemption price (as a percent) 103.438%    
Senior Notes | Twelve-month period beginning on April 1, 2023      
Long-term debt      
Redemption price (as a percent) 101.719%    
Senior Notes | April 1, 2024 and at any time thereafter      
Long-term debt      
Redemption price (as a percent) 100.00%    
Other long-term indebtedness | Minimum      
Long-term debt      
Minimum borrowing availability after amendment $ 100,000,000    
Borrowing base availability $ 20,000,000