pre_text: american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) 7 . financing arrangements outstanding amounts under the company 2019s long-term financing arrangements consisted of the following as of december 31 , ( in thousands ) : .
post_text: credit facilities 2014in october 2005 , the company refinanced the two existing credit facilities of its principal operating subsidiaries . the company replaced the existing american tower $ 1.1 billion senior secured credit facility with a new $ 1.3 billion senior secured credit facility and replaced the existing spectrasite $ 900.0 million senior secured credit facility with a new $ 1.15 billion senior secured credit facility . in february 2007 , the company secured an additional $ 550.0 million under its credit facilities and drew down $ 250.0 million of the existing revolving loans under the american tower credit facility . ( see note 19. ) during the year ended december 31 , 2006 , the company drew down the remaining amount available under the delayed draw term loan component of the american tower credit facility and drew down $ 25.0 million of the delayed draw term loan component of the spectrasite credit facility to finance debt redemptions and repurchases . in addition , on october 27 , 2006 , the remaining $ 175.0 million undrawn portion of the delayed draw term loan component of the spectrasite facility was canceled pursuant to its terms . as of december 31 , 2006 , the american tower credit facility consists of the following : 2022 a $ 300.0 million revolving credit facility , against which approximately $ 17.8 million of undrawn letters of credit are outstanding at december 31 , 2006 , maturing on october 27 , 2010 ; 2022 a $ 750.0 million term loan a , which is fully drawn , maturing on october 27 , 2010 ; and 2022 a $ 250.0 million delayed draw term loan , which is fully drawn , maturing on october 27 , 2010 . the borrowers under the american tower credit facility include ati , american tower , l.p. , american tower international , inc . and american tower llc . the company and the borrowers 2019 restricted subsidiaries ( as defined in the loan agreement ) have guaranteed all of the loans under the credit facility . these loans are secured by liens on and security interests in substantially all assets of the borrowers and the restricted subsidiaries , with a carrying value aggregating approximately $ 4.5 billion at december 31 , 2006 . as of december 31 , 2006 , the spectrasite credit facility consists of the following : 2022 a $ 250.0 million revolving credit facility , against which approximately $ 4.6 million of undrawn letters of credit were outstanding at december 31 , 2006 , maturing on october 27 , 2010; .
table: 2006 2005
table: American Tower credit facility $1,000,000 $793,000
table: SpectraSite credit facility 725,000 700,000
table: Senior subordinated notes 325,075 400,000
table: Senior subordinated discount notes, net of discount and warrant valuation 160,252
table: Senior notes, net of discount and premium 728,507 726,754
table: Convertible notes, net of discount 704,596 773,058
table: Notes payable and capital leases 59,838 60,365
table: Total 3,543,016 3,613,429
table: Less current portion of other long-term obligations (253,907) (162,153)
table: Long-term obligations $3,289,109 $3,451,276
question: Analyse this data from a financial earnings document. what percentage of outstanding amounts under the company 2019s long-term financing arrangements is current as of december 31 , 2005?