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Long-Term Debt (Tables) | 3 Months Ended
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Mar. 31, 2016
Schedule of Long-Term Debt |
NOTE 3 – LONG-TERM DEBT
Long-term debt outstanding as of March 31, 2016 and December 31, 2015 consisted of the following:
(In thousands) | March 31, |  | December 31,
|  | 2016 | 2015
Senior Secured Credit Facilities(1) |  | $6,300,000 |  |  | $6,300,000
Receivables Based Credit Facility Due 2017(2) |  | 230,000 |  |  | 230,000
9.0% Priority Guarantee Notes Due 2019 |  | 1,999,815 |  |  | 1,999,815
9.0% Priority Guarantee Notes Due 2021 |  | 1,750,000 |  |  | 1,750,000
11.25% Priority Guarantee Notes Due 2021 |  | 575,000 |  |  | 575,000
9.0% Priority Guarantee Notes Due 2022 |  | 1,000,000 |  |  | 1,000,000
10.625% Priority Guarantee Notes Due 2023 |  | 950,000 |  |  | 950,000
Subsidiary Revolving Credit Facility Due 2018(3) |  | - |  |  | -
Other secured subsidiary debt(4) |  | 25,111 |  |  | 25,228
Total consolidated secured debt |  | 12,829,926 |  |  | 12,830,043
14.0% Senior Notes Due 2021(5) |  | 1,712,048 |  |  | 1,695,097
iHeartCommunications Legacy Notes(6) |  | 667,900 |  |  | 667,900
10.0% Senior Notes Due 2018 |  | 730,000 |  |  | 730,000
Subsidiary Senior Notes due 2022 |  | 2,725,000 |  |  | 2,725,000
Subsidiary Senior Subordinated Notes due 2020 |  | 2,200,000 |  |  | 2,200,000
Clear Channel International B.V. Senior Notes due 2020 |  | 225,000 |  |  | 225,000
Other subsidiary debt |  | 154 |  |  | 165
Purchase accounting adjustments and original issue discount |  | (195,677) |  |  | (204,611)
Long-term debt fees |  | (139,939) |  |  | (147,983)
Total debt |  | 20,754,412 |  |  | 20,720,611
Less: current portion |  | 185,549 |  |  | 181,512
Total long-term debt | $ | 20,568,863 |  | $ | 20,539,099
(1) | Term Loan D and Term Loan E mature in 2019.
(2) | The Receivables Based Credit Facility provides for borrowings up to the lesser of $535.0 million (the revolving credit commitment) or the borrowing base, subject to certain limitations contained in iHeartCommunications’ material financing agreements.
(3) | The Subsidiary Revolving Credit Facility provides for borrowings up to $75.0 million (the revolving credit commitment).
(4) | Other secured subsidiary debt matures at various dates from 2016 through 2045.
(5) | The 14.0% Senior Notes due 2021 are subject to required payments at various dates from 2018 through 2021. 2.0% per annum of the interest is paid through the issuance of payment-in-kind notes in the first and third quarters.
(6) | iHeartCommunications’ Legacy Notes, all of which were issued prior to the acquisition of iHeartCommunications by the Company in 2008, consist of Senior Notes maturing at various dates in 2016, 2018 and 2027.

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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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