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LONG-TERM DEBT
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
LONG-TERM DEBT
LONG-TERM DEBT

The components of the Company's long-term debt consisted of the following (in thousands):

 
March 31, 2019
 
December 31, 2018
 
Carrying Value (1)
 
Fair Value
 
Carrying Value (1)
 
Fair Value
ABL Revolver
$

 
$

 
$

 
$

Term Loan B
246,250

 
249,944

 
246,875

 
245,949

Promissory note payable (2)
1,616

 
1,616

 
1,841

 
1,841

Total long-term debt
247,866

 
251,560

 
248,716

 
247,790

Less: current portion
(3,414
)
 
(3,451
)
 
(3,407
)
 
(3,398
)
Long-term debt less current maturities
$
244,452

 
$
248,109

 
$
245,309

 
$
244,392


(1) Carrying value amounts do not include unamortized debt issuance costs of $7.9 million and $8.3 million for March 31, 2019 and December 31, 2018, respectively.
(2) Note payable in monthly installments at 2.9% through January 2021, collateralized by equipment.

The fair value measurements used by the Company are considered Level 2 inputs, as defined in the fair value hierarchy. The fair value estimates were based on quoted prices for identical or similar securities.

The Company was in compliance with all financial covenants under the ABL Revolver and Term Loan B Agreements as of March 31, 2019.