Notes Payable and Line of Credit (Tables)

6 Months Ended

Jun. 30, 2016

Debt Disclosure [Abstract]

Summary of Notes Payable

Notes payable consist of the following (in thousands):

	December 31, 2015			June 30, 2016
Senior secured notes due July 1, 2018, net of discount of $1,390 as of December 31, 2015    and $1,113 as of June 30, 2016 respectively, with stated interest of 12.125%	$	223,610		$	223,887
Senior secured notes due July 1, 2018, including a premium of $2,553 and $2,037 as of    December 31, 2015 and June 30, 2016 respectively, with stated interest of 12.125%		102,553			102,037
		326,163			325,924
Less: deferred financing costs		(10,415	)		(8,373	)
Notes payable, net of deferred financing costs	$	315,748		$	317,551

Summary of Outstanding Balance on Previous Credit Facility

The table below presents the outstanding balance on the previous Credit Facility (in thousands):

	December 31, 2015		June 30, 2016
Revolving credit facility	$	—	$	12,825