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LONG-TERM DEBT (Tables)
 12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt outstanding consisted of the following:
(In thousands)December 31,
2023		December 31,
2022
Term Loan Facility due 2026$1,864,032 $1,864,032 
Incremental Term Loan Facility due 2026401,220 401,220 
Asset-based Revolving Credit Facility due 2027(1)
— — 
6.375% Senior Secured Notes due 2026
800,000 800,000 
5.25% Senior Secured Notes due 2027
750,000 750,000 
4.75% Senior Secured Notes due 2028
500,000 500,000 
Other secured subsidiary debt(2)
3,367 4,462 
Total consolidated secured debt4,318,619 4,319,714 
8.375% Senior Unsecured Notes due 2027(3)
916,357 1,120,366 
Other unsecured subsidiary debt— 52 
Original issue discount(7,558)(10,569)
Long-term debt fees(12,268)(15,396)
Total debt5,215,150 5,414,167 
Less: Current portion340 664 
Total long-term debt$5,214,810 $5,413,503 

(1)As of December 31, 2023, the ABL Facility had a facility size of $450.0 million, no outstanding borrowings and $24.3 million of outstanding letters of credit, resulting in $425.7 million of borrowing base availability.
(2)Other secured subsidiary debt consists of finance lease obligations maturing at various dates from 2024 through 2045.
(3)During the year ended December 31, 2023, we repurchased of $204.0 million aggregate principal amount of iHeartCommunications, Inc.'s 8.375% Senior Unsecured Notes due 2027 for $147.3 million in cash, excluding accrued interest. The repurchased notes were subsequently cancelled and retired, resulting in a gain on extinguishment of debt of $56.7 million.
Schedule of Future Maturities of Long-term Debt
Future maturities of long-term debt at December 31, 2023 are as follows:
(in thousands)
2024$340 
2025250 
20263,065,420 
20271,666,466 
2028500,051 
Thereafter2,449 
Total (1)
$5,234,976 

(1)Excludes original issue discount of $7.6 million and long-term debt fees of $12.3 million, which are amortized through interest expense over the life of the underlying debt obligations.