Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt Long-Term Debt (Tables)

v3.20.1
Long-Term Debt Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table summarizes our debt obligations as of the dates presented:
 
March 31, 2020
 
December 31, 2019
 
Principal
 
Unamortized Discount and Deferred Issuance Costs 1, 2
 
Principal
 
Unamortized Discount and Deferred Issuance Costs 1, 2
Credit facility
$
399,400

 
 
 
$
362,400

 
 
Second lien term loan
200,000

 
$
6,776

 
200,000

 
$
7,372

Totals
599,400

 
$
6,776

 
562,400

 
$
7,372

Less: Unamortized discount 2
(2,219
)
 
 
 
(2,415
)
 
 
Less: Unamortized deferred issuance costs 1, 2
(4,557
)
 
 
 
(4,957
)
 
 
Long-term debt, net
$
592,624

 
 
 
$
555,028

 
 

_______________________
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