Long Term Debt (Tables)

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Schedule of Debt

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

	June 30, 2020					December 31, 2019
	Current portion		Long-term			Current portion		Long-term
Liability component - principal	$	3,750	$	68,222		$	3,750	$	69,375
Original issue discount	—		(1,540		)	—		(1,890		)
Amendment fee	—		(671		)	—		—
Deferred financing cost	—		(4,539		)	—		(5,579		)
Liability component - net carrying value	$	3,750	$	61,472		$	3,750	$	61,906

Schedule of Interest Expense

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

	For the Three Months Ended				For the Six Months Ended
	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Interest on principal balance	$	1,891	$	393	$	3,731	$	393
Accretion of original issue discount	183		31		350		31
Accretion of amendment fee	51		—		51		—
Amortization of deferred financing costs	542		85		1,040		85
Total term loan interest expense	$	2,667	$	509	$	5,172	$	509

Future Principal Payments for the Term Loan

The future principal payments for the BT Term Loan as of June 30, 2020 are as follows (in thousands):

Year ending December 31,	Principal
2020 (excluding the six months ended June 30, 2020)	$	1,875
2021	3,750
2022	66,347
2023	—
2024	—
Thereafter	—
Total Long Term Debt	$	71,972