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Debt (Tables)
6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Annual Principal and Interest Payments Due Under Term Loan

As of June 30, 2017, annual principal and interest payments due under the 2015 term loan are as follows: 

 

Year

 

Aggregate

Minimum

Payments

(in thousands)

 

2017

 

$

5,781

 

2018

 

 

11,082

 

2019

 

 

10,448

 

2020

 

 

4,383

 

Total

 

$

31,694

 

Less interest

 

 

(1,443

)

Less final payment

 

 

(2,700

)

Total

 

$

27,551

 

 

Summary of Carrying Value of Convertible Notes

The table below summarizes the carrying value of the 2024 Convertible Notes as of June 30, 2017:

 

 

 

 

(in thousands)

 

Gross proceeds

 

$

201,250

 

Portion allocated to equity (additional paid-in capital)

 

 

(64,541

)

Debt issuance costs

 

 

(6,470

)

Portion allocated to equity (additional paid-in capital)

 

 

2,075

 

Amortization of debt discount and debt issuance costs

 

 

1,170

 

Carrying value 2024 Convertible Notes

 

$

133,484