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Revolving Credit Facilities (Tables)
 9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Derivative Liabilities at Fair Value
The following schedule shows the change in fair value of the ABL Embedded Derivative at September 30, 2019 (in thousands):
December 31, 2018
$
—

Issuance of associated debt (July 16, 2019)
599

Change in fair value
(58
)
September 30, 2019
$
541


The following schedule shows the change in fair value of the Term Loan Embedded Derivative at September 30, 2019 (in thousands):
December 31, 2018
$
—

Issuance of associated debt (July 16, 2019)
481

Change in fair value
(39
)
September 30, 2019
$
442
Schedule of Debt
The Company’s ABL Credit Facility at September 30, 2019 is summarized as follows (in thousands):
ABL Credit Facility outstanding
$
81,472

Less: Current portion of ABL Credit Facility for UK Borrowings
(4,585
)
Long-term portion of ABL Credit Facility
76,887

Less: ABL Embedded Derivative Discount(1)
(599
)
ABL Embedded Derivative Liability(2)
541

Total Revolving credit facility - non-current
$
76,829

 
 
(1) Original value of embedded derivative at July 16, 2019, less amortization.
(2) Value of embedded derivative as of September 30, 2019.

The Company’s Term Loan Credit Facility at September 30, 2019 is summarized as follows (in thousands):
Term Loan Credit Facility outstanding
$
98,750

Less: Current portion of Term Loan Credit Facility
(6,250
)
Long-term portion of Term Loan Credit Facility
92,500

Less: Original Issue Discount(1)
(8,205
)
Term Loan Embedded Derivative Liability(2)
442

Initial Warrant Liability(2)
5,254

Total Term Loan - Non-current
$
89,991

 
 
(1) Original value of OID attributable to debt issuance costs, warrant liability and embedded derivatives at July 16, 2019, less amortization.
(2) Value of warrant liability and embedded derivatives as of September 30, 2019.