Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of Debt Instruments Senior Secured Note

Based on the then existing market conditions, we completed repurchases of our 6.75% Senior Secured Notes at amounts less than face value as follows:

Date	Principal Repurchased		Cash Paid		% of Face Value			Bond Issue Costs		Net Gain
	(Dollars in thousands)
January 30, 2020	$	2,250	$	2,194		97.50	%	$	34	$	22
January 27, 2020		1,245		1,198		96.25	%		20		27
December 27, 2019		3,090		2,874		93.00	%		48		167
November 27, 2019		5,183		4,548		87.75	%		82		553
November 15, 2019		3,791		3,206		84.58	%		61		524
March 28, 2019		2,000		1,830		91.50	%		37		134
March 28, 2019		2,300		2,125		92.38	%		42		133
February 20, 2019		125		114		91.25	%		2		9
February 19, 2019		350		319		91.25	%		7		24
February 12, 2019		1,325		1,209		91.25	%		25		91
January 10, 2019		570		526		92.25	%		9		35
December 21, 2018		2,000		1,835		91.75	%		38		127
December 21, 2018		1,850		1,702		92.00	%		35		113
December 21, 2018		1,080		999		92.50	%		21		60
November 17, 2018		1,500		1,357		90.50	%		29		114
May 4, 2018		4,000		3,770		94.25	%		86		144
April 10, 2018		4,000		3,850		96.25	%		87		63
April 9, 2018		2,000		1,930		96.50	%		43		27
	$	38,659	$	35,586				$	706	$	2,367

Long-Term Debt

Long-term debt consisted of the following:

	As of December 31,
	2019			2020
	(Dollars in thousands)
6.75% Senior Secured Notes	$	219,836		$	216,341
Less unamortized debt issuance costs based on imputed interest rate of 7.08%		(3,368	)		(2,577	)
6.75% Senior Secured Notes net carrying value		216,468			213,764
Asset-Based Revolving Credit Facility principal outstanding		12,426			5,000
Long-term debt less unamortized debt issuance costs		228,894			218,764
Less current portion		(12,426	)		(5,000	)
Long-term debt less unamortized debt issuance costs, net of current portion	$	216,468		$	213,764

Principle Repayment Requirements Under Long Term Agreements Outstanding

Principal repayment requirements under all long-term debt agreements outstanding at December 31, 2020 for each of the next five years and thereafter are as follows:

	Amount
	(Dollars in thousands)
For the Year Ended December 31,
2021	$	5,000
2022		—
2023		—
2024		216,341
2025		—
Thereafter		—
	$	221,341