INDEBTEDNESS (Tables)

3 Months Ended

Mar. 31, 2020

INDEBTEDNESS

Schedule of carrying value of the current and non-current components of the term loan

The carrying value of the current and non-current components of the Term Loan and DDTL as of March 31, 2020 and December 31, 2019 are:

	Current
	March 31,		December 31,
(in thousands)	2020		2019
Current borrowing on debt	$	12,338	$	10,412
Deferred financing costs		(466)		(471)
Current debt, net of deferred financing costs	$	11,872	$	9,941

	Non-current
	March 31,		December 31,
(in thousands)	2020		2019
Non-current borrowing on debt	$	174,240	$	177,069
Deferred financing costs		(1,146)		(1,261)
Non-current debt, net of deferred financing costs and current component	$	173,094	$	175,808

Schedule of contractual maturity of term loan and DDTL

The contractual maturity of our Term Loan, DDTL, and Revolver is as follows for the years ending December 31:

(in thousands)		Term Loan		DDTL		Revolver
2020	$	3,609	$	5,900	$	—
2021		5,414		5,900		—
2022		5,414		8,850		—
2023		54,141		97,350		15,000
Total	$	68,578	$	118,000	$	15,000

Schedule of components of total interest expense related to the notes and term loan

The following table sets forth the components of total interest expense related to the Term Loan, DDTL, and Revolver recognized in the accompanying unaudited interim condensed consolidated statements of operations for the three months ended March 31, 2020 and 2019:

	Three Months Ended
	March 31,		March 31,
(in thousands)	2020		2019
Contractual coupon	$	1,893	$	1,631
Amortization of debt discount		—		1,513
Amortization of deferred financing costs		182		360
Capitalized interest		(25)		(75)
	$	2,050	$	3,429