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Long-term Borrowings (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Components of Long-term Borrowings

Long-term borrowings as of December 31, 2017 and 2016 are as follows (in thousands):

 


     December 31,  
     2017      2016  

5.0% Exchangeable Senior Notes due March 2021

   $ 86,250      $ —  

6.625% senior notes due July 2021

   $ 225,000      $ 225,000  

Less: unamortized discount and debt issuance costs

     (7,834      (3,918
  

 

 

    

 

 

 

Long-term borrowings, net of unamortized discount and debt issuance costs

   $ 303,416      $ 221,082