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Borrowings (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Future Minimum Payments under the Loans Payable

Future minimum payments under outstanding borrowings as of December 31, 2015 are as follows:

 

(in thousands)    Convertible Notes      2022 Notes  

2016

   $ 5,625       $ 19,734   

2017

     5,625         20,125   

2018

     5,625         20,125   

2019

     5,625         62,617   

2020 and thereafter

     130,625         157,664   
  

 

 

    

 

 

 

Total

   $ 153,125       $ 280,265   

Less interest

     (28,125      (105,265

Less unamortized discount

     (36,505      (5,840

Less current portion

     —           —     
  

 

 

    

 

 

 

Long-term debt, net of current portion

   $ 88,495       $ 169,160