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Debt (Tables)
3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Senior Credit Facilities
The following table presents a summary of our Senior Credit Facility (dollars in thousands):
 
 
Interest Rate at March 31, 2017
 
Outstanding Balance at
Senior Credit Facility, net
 
 
March 31, 2017
 
December 31, 2016
Term Loan (a)
 
LIBOR + 1.55%
 
$
49,789

 
$
49,751

Revolver:
 
 
 
 
 
 
Revolver - borrowing in euros (b)
 
LIBOR + 1.75%
 
34,211

 

 
 
 
 
$
84,000

 
$
49,751

__________
(a)
Includes unamortized deferred financing costs and discounts.
(b)
Amount is based on the exchange rate of the euro at March 31, 2017.

Schedule of Debt
Scheduled debt principal payments for the remainder of 2017, each of the next four calendar years following December 31, 2017 and thereafter through 2031 are as follows (in thousands):
Years Ending December 31,
 
Total
2017 (remainder)
 
$
184,651

2018 (a)
 
174,499

2019
 
71,365

2020
 
341,047

2021
 
433,208

Thereafter through 2031
 
788,558

Total principal payments
 
1,993,328

Deferred financing costs
 
(8,660
)
Unamortized discount, net
 
(5,261
)
Total
 
$
1,979,407


__________
(a)
Includes the $50.0 million Term Loan and $34.2 million Revolver outstanding at March 31, 2017 under our Senior Credit Facility, which are scheduled to mature on August 26, 2018, unless extended pursuant to its terms. On April 11, 2017, we repaid the Revolver balance in full (Note 15).