Convertible Senior Secured Notes (Tables)

3 Months Ended

Mar. 31, 2017

Convertible Senior Secured Notes

Summary of issuance of Notes reflected in balance sheet

The table below summarizes activity related to the Notes from issuance on May 3, 2013 through March 31, 2017, in thousands:

Gross proceeds	$	90,000
Initial value of interest make-whole derivative reported as debt discount	(9,270		)
Conversion option reported as debt discount and APIC	(22,336		)
Conversion of debt to equity - principal	(85,425		)
Conversion of debt to equity - accretion of debt discount and deferred financing costs	25,767
Accretion of debt discount and deferred financing costs	5,429
December 31, 2016 carrying value	4,165
Conversion of debt to equity - principal	(1,000		)
Conversion of debt to equity - accretion of debt discount and deferred financing costs	114
Accretion of debt discount and deferred financing costs	31
March 31, 2017 carrying value, unaudited	$	3,310