Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2016

Debt Disclosure [Abstract]

Schedule of long-term debt balances

The following table presents long-term debt balances (in thousands):

	March 31, 2016			December 31, 2015
9% Senior Unsecured Notes due 2018	$	200,000		$	200,000
Unamortized debt issuance cost, net	(2,741		)	(3,028		)
Unamortized discount	(767		)	(847		)
9% Senior Unsecured Notes due 2018, net	196,492			196,125
Term loan due 2017	182,745			182,745
Unamortized debt issuance cost, net	(2,865		)	(3,283		)
Term loan due 2017, net	179,880			179,462
Total debt, including current maturities	376,372			375,587
Less: current maturities of long-term debt	(11,494		)	(11,383		)
Total long-term debt	$	364,878		$	364,204

Schedule of redemption price percentage for notes

We issued the 2018 Notes pursuant to an indenture dated May 9, 2012 (“2018 Notes Indenture”). Under the 2018 Notes Indenture, the Issuers are entitled to redeem all or a portion of the 2018 Notes upon providing not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as a percentage of principal amount on the redemption date), plus accrued and unpaid interest, if any, to the applicable redemption date (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date), if redeemed during the 12-month period commencing on May 15 of the years set forth in the table below.

Year	Percentage
2015	104.50	%
2016	102.25	%
2017 and thereafter	100.00	%

Schedule of carrying values and estimated fair values of debt instruments

The following table presents the carrying values and estimated fair values of our long-term debt at March 31, 2016 (in thousands):

	Carrying Value		Estimated Fair Value
9% Senior Unsecured Notes due 2018	$	196,492	$	200,422
Term loan due 2017	179,880		180,564
Total	$	376,372	$	380,986