american tower corporation and subsidiaries notes to consolidated financial statements towerco ghana for an agreed purchase price of up to approximately $ 430 million , of which the company will pay up to approximately $ 220 million for its 51% ( 51 % ) stake in the holding company . mtn ghana will be the anchor tenant , on commercial terms , on each of the towers being purchased . the company also expects that towerco ghana will build at least an additional 400 sites for both mtn ghana and other wireless operators in ghana over the next five years . the company expects to close on an initial tranche of towers in the first half of 2011 , subject to customary closing conditions . 6 . long-term obligations outstanding amounts under the company 2019s long-term financing arrangements consist of the following as of december 31 , ( in thousands ) : .

Table:
 | 2010 | 2009
commercial mortgage pass-through certificates series 2007-1 | $ 1750000 | $ 1750000
revolving credit facility | 300000 | 550000
term loan | 325000 | 325000
xcel credit facility | 2014 | 73367
colombian short-term credit facility | 72889 | 2014
4.50% ( 4.50 % ) senior notes | 999216 | 2014
5.05% ( 5.05 % ) senior notes | 699186 | 2014
4.625% ( 4.625 % ) senior notes | 599346 | 599210
7.00% ( 7.00 % ) senior notes | 500000 | 500000
7.25% ( 7.25 % ) senior notes | 295420 | 295038
5.0% ( 5.0 % ) convertible notes | 2014 | 59683
7.25% ( 7.25 % ) senior subordinated notes | 2014 | 288
notes payable and capital leases | 46331 | 58995
total | 5587388 | 4211581
less current portion of long term obligations | -74896 ( 74896 ) | -70521 ( 70521 )
long-term obligations | $ 5512492 | $ 4141060
commercial mortgage pass-through certificates , series 2007-1 2014during the year ended december 31 , 2007 , the company completed a securitization transaction ( the 201csecuritization 201d ) involving assets related to 5295 broadcast and wireless communications towers ( the 201csecured towers 201d ) owned by two special purpose subsidiaries of the company , through a private offering of $ 1.75 billion of commercial mortgage pass-through certificates , series 2007-1 ( the 201ccertificates 201d ) .
the certificates were issued by american tower trust i ( the trust ) , a trust established by american tower depositor sub , llc ( the 201cdepositor 201d ) , an indirect wholly owned special purpose subsidiary of the company .
the assets of the trust consist of a recourse loan ( the 201cloan 201d ) initially made by the depositor to american tower asset sub , llc and american tower asset sub ii , llc ( the 201cborrowers 201d ) , pursuant to a loan and security agreement among the foregoing parties dated as of may 4 , 2007 ( the 201cloan agreement 201d ) .
the borrowers are special purpose entities formed solely for the purpose of holding the secured towers subject to the securitization .
the certificates were issued in seven separate classes , comprised of class a-fx , class a-fl , class b , class c , class d , class e and class f .
each of the certificates in classes b , c , d , e and f are subordinated in right of payment to any other class of certificates which has an earlier alphabetical designation .
the certificates were issued with terms identical to the loan except for the class a-fl certificates , which bear interest at a floating .

Question: what percentage of outstanding amounts under the company 2019s long-term financing arrangements is current in 2010?
Answer: 1%
Calculation: divide(74896, 5587388)