December 31,

2015

2014

8.50% Senior Notes:

Principal

$

900,000

$

900,000

Debt premiums, net of amortization

10,503

13,057

Debt issuance costs, net of amortization

(6,274

)

(7,937

)

9.00% Term Loan:

Principal

300,000

—

Debt discounts, net of amortization

(2,689

)

—

Debt issuance costs, net of amortization

(4,685

)

—

Revolving bank credit facility

—

447,000

Total long-term debt

1,196,855

1,352,120

Current maturities of long-term debt

—

—

Long term debt, less current maturities

$

1,196,855

$

1,352,120