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Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Debt

Debt consisted of the following (in thousands):

 

 

December 31,

 

 

2016

 

 

2015

 

Senior Credit Facilities – term loan

$

7,500

 

 

$

7,500

 

Less: unamortized debt issuance costs

 

(134

)

 

 

(115

)

Total current portion of long-term debt

$

7,366

 

 

$

7,385

 

 

 

 

 

 

 

 

 

Senior Credit Facilities – term loan

$

63,750

 

 

$

20,000

 

Senior Credit Facilities – revolving credit facility

 

10,000

 

 

 

70,000

 

Less: unamortized debt issuance costs

 

(3,196

)

 

 

(1,574

)

Total long-term debt

$

70,554

 

 

$

88,426

 

 

 

 

 

 

 

 

 

Total Senior Credit Facilities

$

77,920

 

 

$

95,811

 

 

Principal Repayments on Outstanding Term Loan

The principal on the Company’s outstanding term loan matures as follows (in thousands):

 

 

Term Loan

 

2017

$

7,500

 

2018

 

7,500

 

2019

 

7,500

 

2020

 

7,500

 

2021

 

41,250

 

Total debt repayments

$

71,250