Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Long-term debt and lease financing obligations

The outstanding balances of the Company’s Convertible Notes and previously outstanding term loan consisted of the following at December 31 (in thousands):

	2020		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	(57,297)		(2,642)
Long-term debt, net	$	172,703	$	79,951

Schedule of Interest Expense

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

	For the Year Ending
	December 31, 2020
Contractual interest expense	$	4,897
Amortization of debt discount and issuance costs	8,650
Total interest expense	$	13,547