Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2019

Long-term Debt, Unclassified [Abstract]

Schedule of Long-term Debt Instruments

The components of debt are as follows:

(in thousands)	December 31, 2019			December 31, 2018
2018 Term A Loan	$	—		$	20,000
2018 Term B Loan	—			15,000
Term A Loan	60,000			—
Principal amount of long-term debt	60,000			35,000
Less: Unamortized deferred costs	(1,695		)	(3,110		)
Long-term debt	$	58,305		$	31,890

Schedule of Maturities of Long-term Debt

The following table sets forth the Company’s future minimum principal payments (in thousands):

2019	$	0
2020	0
2021	20,000
2022	26,700
2023	13,300
	$	60,000