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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Long-Term Debt

Long-term Debt at December 31, 2015 and 2014 consisted of the following:

 

 

December 31,

 

(in thousands)

 

2015

 

 

2014

 

Senior secured credit facility term loans maturing December 10, 2020

 

$

105,000

 

 

$

—

 

9.75% senior secured notes due February 15, 2017

 

 

—

 

 

 

140,000

 

Less: Unamortized discount

 

 

(1,856

)

 

 

(277

)

Less: Unamortized deferred financing costs

 

 

(1,422

)

 

 

(2,349

)

Total debt

 

 

101,722

 

 

 

137,374

 

Less: current portion of long-term debt

 

 

3,850

 

 

 

—

 

Long-term debt

 

$

97,872

 

 

$

137,374

 

 

Schedule of Annual Minimum Principal Payments Excluding Potential Excess Cash Flow Payments

 

(in thousands)

 

Future Payments

 

2016

 

$

3,850

 

2017

 

 

7,350

 

2018

 

 

7,350

 

2019

 

 

9,100

 

2020

 

 

77,350

 

Thereafter

 

 

—

 

 

 

$

105,000