Long Term Debt (Tables)

6 Months Ended

Jun. 30, 2019

Debt Disclosure [Abstract]

Schedule of Debt

The balances of the BT Term Loan as of June 30, 2019 was as follows (amounts in thousands):

	June 30, 2019
	Current portion		Long-term
Liability component - principal	$	3,750	$	71,250
Original issue discount	—		(2,218		)
Deferred financing cost	—		(5,961		)
Liability component - net carrying value	$	3,750	$	63,071

Schedule of Interest Expense

Interest expense related to the BT Term Loan, included in Interest (expense) income, net in the Consolidated Statements of Operations was as follows (amounts in thousands):

	For the Three and Six Months Ended
	June 30, 2019
Interest expense - stated interest rate	393
Interest expense - amortization of original issue discount	31
Interest expense - amortization of deferred financing costs	85
Total term loan interest expense	$	509

Future Principal Payments for the Term Loan

The future principal payments for the BT Term Loan as of June 30, 2019 are as follows (in thousands):

Year ending December 31,	Principal
2019 (excluding the six months ended June 30, 2019)	$	1,875
2020	3,750
2021	3,750
2022	65,625
2023	—
Thereafter	—
Total Long Term Debt	$	75,000