Long Term Debt (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Schedule of Debt

The balances of the BT Term Loan were as follows (amounts in thousands):

	March 31, 2020					December 31, 2019
	Current portion		Long-term			Current portion		Long-term
Liability component - principal	$	3,750	$	68,438		$	3,750	$	69,375
Original issue discount	—		(1,723		)	—		(1,890		)
Deferred financing cost	—		(5,078		)	—		(5,579		)
Liability component - net carrying value	$	3,750	$	61,637		$	3,750	$	61,906

Schedule of Interest Expense

Interest expense related to the BT Term Loan, included in Interest income (expense), net in the consolidated statements of operations, was as follows (amounts in thousands):

	For the Three Months Ended
	March 31, 2020
Interest expense - stated interest rate	$	1,840
Interest expense - amortization of original issue discount and costs	167
Interest expense - amortization of deferred financing costs	491
Total term loan interest expense	$	2,498

Future Principal Payments for the Term Loan

The future principal payments for the Company’s BT Term Loan as of March 31, 2020 were as follows (in thousands):

Year ending December 31,	Principal
2020 (excluding the three months ended March 31, 2020)	$	2,088
2021	3,750
2022	66,350
2023	—
2024	—
Thereafter	—
Total Long Term Debt	$	72,188