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Debt (Tables)
9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Debt
Debt consisted of the following at September 30, 2020 and December 31, 2019:

September 30, 2020December 31, 2019
Interest RateMaturity Date Carrying Value of Debt (j)Carrying Value of Debt (j)
Revolving Facility (a)6.25%May 2022$— $— 
First Lien Term Loan (b)8.25%May 202213,038 18,008 
Second Lien Term Loan (c)11.00%Nov. 20228,487 9,013 
PPP Loan (d)1.00%May 20224,000 — 
Vehicle Term Loan (e)5.27%Dec. 2021453 725 
Equipment Term Loan (f)6.50%Nov. 2022178 — 
Finance leases (g)6.76%Various7,879 8,784 
Total debt
34,035 36,530 
Debt issuance costs presented with debt— (95)
Total debt, net
34,035 36,435 
Less: current portion of long-term debt (h)(6,153)(6,430)
Long-term debt$27,882 $30,005 
_____________________

(a)    The interest rate presented represents the interest rate as of September 30, 2020 on the Revolving Facility.

(b)    Interest on the First Lien Term Loan accrues at an annual rate equal to the LIBOR Rate plus 7.25%.

(c)    Interest on the Second Lien Term Loan (as defined below) accrues at an annual rate equal to 11.0%, payable in cash, in arrears, on the first day of each month.

(d)    Interest on the PPP Loan (as defined below) accrues at an annual rate of 1.00%.

(e)    Interest on the Vehicle Term Loan (as defined below) accrues at an annual rate of 5.27%.

(f)    Interest on the Equipment Term Loan (as defined below) accrues at an annual rate of 6.50%.

(g)     Our finance leases include finance lease arrangements related to fleet purchases and real property with a weighted-average annual interest rate of approximately 6.76%, which mature in varying installments between 2020 and 2029.
(h)    The principal payments due within one year for the First Lien Term Loan, Second Lien Term Loan, Vehicle Term Loan, Equipment Term Loan and finance leases are included in current portion of long-term debt as of September 30, 2020.

(i)     The debt issuance costs as of December 31, 2019 resulted from the amendment to the First Lien Term Loan, done in connection with our acquisition of Clearwater Three, LLC, Clearwater Five, LLC, and Clearwater Solutions, LLC.

(j)    Our Revolving Facility, First Lien Term Loan, Second Lien Term Loan, Vehicle Term Loan, Equipment Term Loan and finance leases bear interest at rates commensurate with market rates and therefore their respective carrying values approximate fair value.