Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt Long-Term Debt (Tables)

v3.19.3
Long-Term Debt Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table summarizes our debt obligations as of the dates presented:
 
September 30, 2019
 
December 31, 2018
 
Principal
 
Unamortized Discount and Deferred Issuance Costs 1, 2
 
Principal
 
Unamortized Discount and Deferred Issuance Costs 1, 2
Credit facility
$
370,400

 
 
 
$
321,000

 
 
Second lien term loan
200,000

 
$
7,955

 
200,000

 
$
9,625

Totals
570,400

 
$
7,955

 
521,000

 
$
9,625

Less: Unamortized discount 2
(2,608
)
 
 
 
(3,159
)
 
 
Less: Unamortized deferred issuance costs 1, 2
(5,347
)
 
 
 
(6,466
)
 
 
Long-term debt, net
$
562,445

 
 
 
$
511,375

 
 

_______________________
1
Excludes issuance costs of the Credit Facility, which represent costs attributable to the access to credit over its contractual term, that have been presented as a component of Other assets (see Note 10) and are being amortized over the term of the Credit Facility using the straight-line method.
2 Discount and issuance costs of the Second Lien Facility are being amortized over the term of the underlying loan using the effective-interest method