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Long-Term Debt Long-Term Debt (Tables)
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12 Months Ended |
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Dec. 31, 2013
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| Debt Disclosure [Abstract] |
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| Schedule of Long-term debt |
As of December 31, 2013 and 2012, our long-term debt consisted of the following (in thousands):
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December 31, |
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2013 |
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2012 |
Long-term debt |
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2016 Notes |
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$ |
1,665,500 |
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|
$ |
1,665,500 |
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2020 Notes |
|
420,000 |
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|
420,000 |
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2021 Sabine Pass Liquefaction Senior Notes
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|
2,000,000 |
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|
— |
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2022 Sabine Pass Liquefaction Senior Notes |
|
1,000,000 |
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|
— |
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2023 Sabine Pass Liquefaction Senior Notes
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|
1,000,000 |
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|
— |
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2012 Liquefaction Credit Facility
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|
— |
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100,000 |
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2013 Liquefaction Credit Facilities
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|
100,000 |
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— |
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CTPL Credit Facility
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|
400,000 |
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|
— |
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Total long-term debt |
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6,585,500 |
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|
2,185,500 |
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Long-term debt premium (discount) |
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2016 Notes |
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(13,693 |
) |
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(18,387 |
) |
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2021 Sabine Pass Liquefaction Senior Notes
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|
11,562 |
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|
— |
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CTPL Credit Facility
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(7,096 |
) |
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— |
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Total long-term debt, net of discount |
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$ |
6,576,273 |
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|
$ |
2,167,113 |
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| Schedule of Maturities of Long-term Debt |
Below is a schedule of future principal payments that we are obligated to make on our outstanding debt at December 31, 2013 (in thousands):
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Payments Due for the Years Ended December 31, |
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Total |
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2014 |
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2015 to 2016 |
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2017 to 2018 |
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Thereafter |
Debt: |
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2016 Notes |
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$ |
1,665,500 |
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|
$ |
— |
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$ |
1,665,500 |
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|
$ |
— |
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$ |
— |
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2020 Notes |
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420,000 |
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|
— |
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|
— |
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|
— |
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|
420,000 |
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2021 Sabine Pass Liquefaction Senior Notes
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|
2,000,000 |
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|
— |
|
|
— |
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— |
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|
2,000,000 |
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2022 Sabine Pass Liquefaction Senior Notes |
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1,000,000 |
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|
— |
|
|
— |
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|
— |
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|
1,000,000 |
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2023 Sabine Pass Liquefaction Senior Notes
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|
1,000,000 |
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|
— |
|
|
— |
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|
— |
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|
1,000,000 |
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2013 Liquefaction Credit Facilities
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|
100,000 |
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— |
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— |
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— |
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|
100,000 |
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CTPL Credit Facility
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|
400,000 |
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— |
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— |
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|
400,000 |
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— |
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Total Debt |
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$ |
6,585,500 |
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$ |
— |
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$ |
1,665,500 |
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$ |
400,000 |
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$ |
4,520,000 |
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