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Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Long-Term Debt

Long-term debt consists of the following (in thousands):

 

 

 

December 31,

 

 

 

2016

 

 

2015

 

Amended Credit Facility with MidCap

 

$

17,873

 

 

$

56,799

 

Facility Agreement with Deerfield

 

 

 

 

 

26,000

 

Globus Facility Agreement

 

 

30,000

 

 

 

 

Notes payable

 

 

1,395

 

 

 

1,788

 

Total

 

 

49,268

 

 

 

84,587

 

Add: capital leases (See Note 7)

 

 

480

 

 

 

1,277

 

Less: debt discount

 

 

(3,543

)

 

 

(5,642

)

Total

 

 

46,205

 

 

 

80,222

 

Less: current portion of long-term debt

 

 

(3,113

)

 

 

(79,742

)

Total long-term debt, net of current portion

 

$

43,092

 

 

$

480

 

 

Principal Payments on Debt

Principal payments on debt are as follows as of December 31, 2016 (in thousands):

 

Year Ending December 31,

 

 

 

 

2017

 

$

3,795

 

2018

 

 

4,046

 

2019

 

 

16,427

 

2020

 

 

3,333

 

2021

 

 

21,667

 

Total

 

 

49,268

 

Add: capital lease principal payments

 

 

480

 

Less: debt discount

 

 

(3,543

)

Total

 

 

46,205

 

Less: current portion of long-term debt

 

 

(3,113

)

Long-term debt, net of current portion

 

$

43,092