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Long-term Debt | 3 Months Ended
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Mar. 31, 2016
Long-term Debt |
Long-term Debt | 5. Long-term Debt Long-term debt, net of current maturities, is as follows:
|  | March 31, |  | December 31, |
|  | 2016 |  | 2015 |
|  | (in thousands) |
Senior secured credit facility |  | $ | 1,248,766 |  | $ | 1,259,740 |
$300 million 5.875% senior unsecured notes due November 1, 2021 |  | 300,000 |  | 300,000 |
Other long term obligations |  | 139,759 |  | 146,992 |
Capital leases |  | 28,036 |  | 28,466 |
|  | 1,716,561 |  | 1,735,198 |
Less current maturities of long-term debt |  | (96,543 | ) | (92,108 | )
Less net discounts |  | (669 | ) | (686 | )
Less debt issuance costs, net of accumulated amortization of $15.1 million and $13.3 million, respectively |  | (21,479 | ) | (23,553 | )
|  | $ | 1,597,870 |  | $ | 1,618,851 |
The following is a schedule of future minimum repayments of long-term debt as of March 31, 2016 (in thousands):
Within one year |  | $ | 96,433 |
1-3 years |  | 986,625 |
3-5 years |  | 269,340 |
Over 5 years |  | 364,163 |
Total minimum payments |  | $ | 1,716,561 |
Senior Secured Credit Facility On April 28, 2015, the Company entered into an agreement to amend its senior secured credit facility. In August 2015, the amendment to the senior secured credit facility went into effect increasing the capacity under an existing five year revolver from $500 million to $633.2 million and increased the existing five year $500 million Term Loan A facility by $146.7 million. The seven year $250 million Term Loan B facility remained unchanged. At March 31, 2016, the Company’s senior secured credit facility had a gross outstanding balance of $1,248.8 million, consisting of a $580.4 million Term Loan A facility, a $244.4 million Term Loan B facility, and $424.0 million outstanding on the revolving credit facility. Additionally, at March 31, 2016, the Company had conditional obligations under letters of credit issued pursuant to the senior secured credit facility with face amounts aggregating $23.5 million, resulting in $185.7 million of available borrowing capacity as of March 31, 2016 under the revolving credit facility. Covenants The Company’s senior secured credit facility and $300 million 5.875% senior unsecured notes require it, among other obligations, to maintain specified financial ratios and to satisfy certain financial tests, including fixed charge coverage, interest coverage, senior leverage and total leverage ratios. In addition, the Company’s senior secured credit facility and $300 million 5.875% senior unsecured notes restrict, among other things, its ability to incur additional indebtedness, incur guarantee obligations, amend debt instruments, pay dividends, create liens on assets, make investments, engage in mergers or consolidations, and otherwise restrict corporate activities. At March 31, 2016, the Company was in compliance with all required financial covenants.

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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 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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