Long Term Debt (Tables)

9 Months Ended

Sep. 30, 2019

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



	September 30, 2019
	Current portion		Long-term
Liability component - principal	$	3,750	$	70,313
Original issue discount	—		(2,061		)
Deferred financing cost	—		(6,078		)
Liability component - net carrying value	$	3,750	$	62,174

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		For the Nine Months Ended
	September 30, 2019
Interest expense - stated interest rate	2,024		2,417
Interest expense - amortization of original issue discount	158		189
Interest expense - amortization of deferred financing costs	478		563
Total term loan interest expense	$	2,660	$	3,169

Future Principal Payments for the Term Loan

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



Year ending December 31,	Principal
2019 (excluding the nine months ended September 30, 2019)	$	938
2020	3,750
2021	3,750
2022	65,625
2023	—
Thereafter	—
Total Long Term Debt	$	74,063