NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2016

Notes payable consist of the following:



	December 31,
	2016			2015
10% second lien notes due 2019:
Carrying value, including paid-in-kind interest of $3,619 and unamortized premium of $394	$	80,536		$	—
Debt discount, net of accumulated amortization of $47	(298		)	—
Total second lien notes outstanding	80,238			—
10% senior secured notes due 2019:
Principal outstanding	$	1,872		$	140,000
Unamortized deferred loan issuance costs, net of accumulated amortization of $43 as of December 31, 2016 and $1,978 as of December 31, 2015	(42		)	(4,370		)
Total senior secured notes outstanding	1,830			135,630
Total notes payable outstanding (long-term)	82,068			135,630

Schedule of redemption percentages

The Corporation has the right to redeem some or all of the Senior Secured Notes at the redemption prices (expressed as percentages of the principal amount to be redeemed) set forth below, together with accrued and unpaid interest to, but not including, the redemption date, if redeemed on or after January 15, 2017 as indicated:



Period	Percentage
On or after January 15, 2017 and prior to July 15, 2017	107.5%
On or after July 15, 2017 and prior to July 15, 2018	105.0%
On and after July 15, 2018	100.0%

Future principal payments for notes payable

Required future principal payments for notes payable outstanding at December 31, 2016 are as follows during the years ending December 31:



	Amount
2017	$	—
2018	—
2019	82,014
2020	—
2021	—
Thereafter	—
Total	$	82,014