Long Term Debt (Tables)

9 Months Ended

Sep. 30, 2020

Debt Instrument [Line Items]

Schedule of Debt Issuance Costs

A summary of the allocation of the deferred financing costs and original issue discount between the Term Loan and the DD TL on July 2, 2020 were as follows (amounts in thousands):

	July 2, 2020
	Term Loan		DD TL		Total
	Long term debt		Other current assets
Original issue discount	$	333	$	167	$	500
Deferred financing costs	2,169		1,084		3,253

Future Principal Payments for the Term Loan and DD TL

Principal payments on the Term Loan as of September 30, 2020 are as follows:

Year ending December 31,	Principal
2020 (excluding the nine months ended September 30, 2020)	$	—
2021	—
2022	—
2023	—
2024	—
Thereafter	50,000
Total long term debt	$	50,000

Schedule of Extinguishment of Debt

The composition of the loss on extinguishment of debt is as follows (amounts in thousands):

	July 2, 2020
Unamortized deferred financing costs	$	4,528
Unamortized original issue discount	1,538
Unamortized amendment fee	671
Prepayment premium	1,439
Other fees	25
Loss on extinguishment of debt	$	8,201

Hayfin Loan Agreement Term Loan

Debt Instrument [Line Items]

Schedule of Debt

The balances of the Term Loan as of September 30, 2020 was as follows (amounts in thousands):

	September 30, 2020
Outstanding principal	$	50,000
Deferred financing costs	(2,077		)
Original issue discount	(296		)
Long term debt	$	47,627

Schedule of Interest Expense

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

	Three Months Ended September 30,		Nine Months Ended September 30,
	2020		2020
Stated interest	$	1,031	$	1,031
Amortization of deferred financing costs	90		90
Accretion of original issue discount	38		38
Interest expense	$	1,159	$	1,159

Hayfin Loan Agreement Delayed Draw Term Loan

Debt Instrument [Line Items]

Schedule of Interest Expense

Interest expense related to the DD TL, included in Interest expense, net in the condensed consolidated statements of operations, was as follows (amounts in thousands):

	Three Months Ended September 30,	Nine Months Ended September 30,
	2020	2020
Commitment fee	64	64
Amortization of deferred financing costs	106	106
Accretion of original issue discount	125	125
Interest expense	295	295

BT Term Loan

Debt Instrument [Line Items]

Schedule of Debt

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

	December 31, 2019
	Current portion		Long-term
Liability component - principal	$	3,750	$	69,375
Original issue discount	—		(1,890		)
Deferred financing cost	—		(5,579		)
Liability component - net carrying value	$	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):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Interest on principal balance	$	42	$	2,024	$	3,773	$	2,417
Accretion of original issue discount	4		158		354		189
Accretion of amendment fee	2		—		53		—
Amortization of deferred financing costs	11		478		1,051		563
Total BT Term Loan interest expense	$	59	$	2,660	$	5,231	$	3,169