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Debt (Tables)
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Summary of Debt Outstanding

Our balances for long-term debt and finance lease obligations are as follows (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Revolving credit facility

 

$

516,500

 

 

$

498,000

 

Finance lease obligations

 

 

24,375

 

 

 

24,927

 

Total debt and finance lease obligations

 

 

540,875

 

 

 

522,927

 

Current portion

 

 

2,339

 

 

 

2,296

 

Noncurrent portion

 

 

538,536

 

 

 

520,631

 

Deferred financing costs, net

 

 

1,677

 

 

 

1,355

 

Noncurrent portion, net of deferred financing costs

 

$

536,859

 

 

$

519,276

 

Schedule of Debt and Future Minimum Lease Payments on Finance Lease Obligations

As of March 31, 2019, future principal payments on debt and future minimum rental payments on finance lease obligations were as follows (in thousands):

 

 

Debt

 

 

Finance Lease Obligations

 

 

Total

 

2019

 

$

 

 

$

2,316

 

 

$

2,316

 

2020

 

 

516,500

 

 

 

3,166

 

 

 

519,666

 

2021

 

 

 

 

 

3,266

 

 

 

3,266

 

2022

 

 

 

 

 

3,367

 

 

 

3,367

 

2023

 

 

 

 

 

3,761

 

 

 

3,761

 

Thereafter

 

 

 

 

 

12,014

 

 

 

12,014

 

Total future payments

 

 

516,500

 

 

 

27,890

 

 

 

544,390

 

Less interest component

 

 

 

 

 

3,515

 

 

 

3,515

 

 

 

 

516,500

 

 

 

24,375

 

 

 

540,875

 

Current portion

 

 

 

 

 

2,339

 

 

 

2,339

 

Long-term portion

 

$

516,500

 

 

$

22,036

 

 

$

538,536