Long-term Debt (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Components of Borrowings, Including Current Portion

The outstanding balances of the Company’s Convertible Notes and previously outstanding term loan consisted of the following (in thousands):

	March 31, 2020			December 31, 2019
Outstanding principal of Convertible Note	$	230,000		$	—
Borrowings under term loan agreement	—			80,000
Paid-in-kind interest on term loan agreement	—			2,593
Less: unamortized debt discounts and issuance costs	(65,296		)	(2,642		)
Long-term debt, net	$	164,704		$	79,951
Fair value of outstanding Convertible Notes	$	199,327		$	—
Amount by which the Convertible Notes if-converted value exceeds their principal amount	$	—		$	—
Net carrying amount of equity component of Convertible Notes	$	58,543		$	—

Schedule of Interest Expense

The following table sets forth total interest expense recognized related to the Convertible Notes (in thousands):

Three months ended March 31,	2020
Contractual interest expense	$	386
Amortization of debt discount and issuance costs	650
Total interest expense	$	1,036