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DEBT (Tables) | 9 Months Ended
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Sep. 30, 2021
Schedule of Debt Outstanding | Debt outstanding as of September 30, 2021 and December 31, 2020 consisted of the following (in thousands):
|  | September 30, |  |  | December 31, |
|  | 2021 |  |  | 2020 |
Revolving Credit Facility maturing April 2023. Interest payable periodically at variable interest rates. The weighted average rate at December 31, 2020 was 1.7%. |  | $ | — |  |  | $ | 219,000 |
Term Loan A maturing April 2023. Interest payable periodically at variable interest rates. The rate at both September 30, 2021 and December 31, 2020 was 1.6%. Unamortized debt issuance costs amounted to $0.0 million and $0.1 million at September 30, 2021 and December 31, 2020, respectively. |  |  | 172,500 |  |  |  | 180,000 |
Term Loan B maturing December 2024. Interest payable periodically at variable interest rates. The rate at both September 30, 2021 and December 31, 2020 was 5.5%. Unamortized debt issuance costs amounted to $3.3 million and $4.1 million at September 30, 2021 and December 31, 2020, respectively. |  |  | 223,438 |  |  |  | 237,500 |
4.625% Senior Notes maturing May 2023. Unamortized debt issuance costs amounted to $0.5 million and $1.5 million at September 30, 2021 and December 31, 2020, respectively. A portion of these notes was repurchased during the second quarter of 2021 in privately negotiated transactions, as further described hereafter. |  |  | 174,012 |  |  |  | 350,000 |
5.0% Senior Notes. Unamortized debt issuance costs amounted to $0.8 million at December 31, 2020. These notes were fully redeemed in April 2021, as further described hereafter. |  |  | — |  |  |  | 250,000 |
4.75% Senior Notes maturing October 2027. Unamortized debt issuance costs amounted to $2.4 million and $2.7 million at September 30, 2021 and December 31, 2020, respectively. |  |  | 250,000 |  |  |  | 250,000 |
8.25% Senior Notes maturing April 2026. Unamortized debt issuance costs amounted to $13.7 million at September 30, 2021. |  |  | 675,000 |  |  |  | — |
4.5% Capital Commerce Center Non-Recourse Mortgage Note. Unamortized debt issuance costs amounted to $0.3 million at December 31, 2020. This note was repaid in connection with the sale of Capital Commerce Center, as further described hereafter. |  |  | — |  |  |  | 20,934 |
4.43% Lansing Correctional Center Non-Recourse Mortgage Note maturing January 2040. Unamortized debt issuance costs amounted to $3.0 million and $3.1 million at September 30, 2021 and December 31, 2020, respectively. |  |  | 155,240 |  |  |  | 157,607 |
4.5% SSA-Baltimore Non-Recourse Mortgage Note. Unamortized debt issuance costs amounted to $0.2 million at December 31, 2020. This note was repaid in connection with the sale of SSA-Baltimore, as further described hereafter. |  |  | — |  |  |  | 144,476 |
Total debt |  |  | 1,650,190 |  |  |  | 1,809,517 |
Unamortized debt issuance costs |  |  | (22,946 | ) |  |  | (12,766 | )
Net unamortized original issue discount |  |  | (7,196 | ) |  |  | (10,000 | )
Current portion of long-term debt |  |  | (33,685 | ) |  |  | (39,087 | )
Long-term debt, net |  | $ | 1,586,363 |  |  | $ | 1,747,664 |
Schedule of Principal Payments | Scheduled principal payments as of September 30, 2021 for the remainder of 2021, the next five years, and thereafter were as follows (in thousands):
2021 (remainder) |  | $ | 7,896 |
2022 |  |  | 35,376 |
2023 |  |  | 355,158 |
2024 |  |  | 186,597 |
2025 |  |  | 5,823 |
2026 |  |  | 681,326 |
Thereafter |  |  | 378,014 |
Total debt |  | $ | 1,650,190 |

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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 maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
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