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 ) : .

2006
2005
American Tower credit facility
$1,000,000
$793,000
SpectraSite credit facility
725,000
700,000
Senior subordinated notes
325,075
400,000
Senior subordinated discount notes, net of discount and warrant valuation
160,252
Senior notes, net of discount and premium
728,507
726,754
Convertible notes, net of discount
704,596
773,058
Notes payable and capital leases
59,838
60,365
Total
3,543,016
3,613,429
Less current portion of other long-term obligations
(253,907)
(162,153)
Long-term obligations
$3,289,109
$3,451,276

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; .

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?
Choices:
0.04488
22.28407
3775582
-0.63863
0.04577
Correct choice index: 0