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Credit Facilities (Tables)

3 Months Ended

Mar. 31, 2019

Long-term debt consisted of the following:



	March 31, 2019			December 31, 2018
Term loan facility	$	163,584		$	161,622
Revolving loan facility	—			—
Convertible senior notes	84,500			84,500
Other debt	4,281			4,281
Debt discounts and deferred financing costs	(48,883		)	(52,325		)
Long-term debt, including current portion	203,482			198,078
Less current portion	—			—
Long-term debt	$	203,482		$	198,078

Summary of Warrants Issued

In connection with the execution of the Facility Agreement and the Amended Facility Agreement, the Company issued warrants to Deerfield (the “2017 Deerfield Warrants” and the “2018 Deerfield Warrants,” respectively; collectively, the “Warrants”) as summarized below:

Principal Maturities of Long-term Debt

The aggregate principal maturities of long-term debt as of March 31, 2019 are as follows:



	Term loan facility		Convertible senior notes		Other debt		Total
Year ending December 31,
2019	$	—	$	—	$	—	$	—
2020	—		84,500		—		84,500
2021	40,768		—		—		40,768
2022	61,408		—		—		61,408
2023	61,408		—		4,281		65,689
	$	163,584	$	84,500	$	4,281	$	252,365

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 505
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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-Subparagraph (SX 210.4-08.(e),(f))
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Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
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+ Details

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details

Number of shares of common stock

Exercise price

2017 Deerfield Warrants

2018 Deerfield Warrants