Quarterly report pursuant to Section 13 or 15(d)

Long-term debt, net (Tables)

v3.20.2
Long-term debt, net (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
The Company’s long-term debt is comprised of the following:
 
 
March 31,
 
December 31,
 
 
2020
 
2019
 
 
(In thousands)
Second Lien Notes
 
$
100,000

 
$
100,000

Revolving credit facility
 
340,000

 
260,000

          Total debt
 
440,000

 
360,000

Debt issuance cost on Second Lien Notes, net
 
2,346

 
2,528

Discount on Second Lien Notes, net
 
1,820

 
1,961

          Total debt issuance cost and discounts
 
4,166

 
4,489

Total long-term debt, net
 
$
435,834

 
$
355,511

Schedule of Deferred Financing Costs and Debt Discounts
The following table summarizes the Company’s deferred financing costs and debt discounts:
 
 
March 31,
 
December 31,
 
 
2020
 
2019
 
 
(In thousands)
Revolving credit facility
 
 
 
 
Debt issuance costs
 
$
3,167

 
$
3,167

Accumulated amortization of debt issuance costs
 
(1,286
)
 
(1,092
)
Net deferred costs - Revolving credit facility
 
$
1,881

 
$
2,075

 
 
 
 
 
Second Lien Notes
 
 
 
 
Debt discount
 
$
3,000

 
$
3,000

Accumulated amortization of debt discount
 
(1,180
)
 
(1,039
)
Debt issuance costs
 
3,868

 
3,868

Accumulated amortization of debt issuance costs
 
(1,522
)
 
(1,340
)
Net deferred costs - Second Lien Notes
 
4,166

 
4,489

Total deferred financing costs and debt discount, net
 
$
6,047

 
$
6,564