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Debt (Tables)
9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Summary of Balances for Long-term Debt and Finance Lease Obligations

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

 

 

 

September 30,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Revolving credit facility

 

$

504,000

 

 

$

498,000

 

Finance lease obligations

 

 

23,219

 

 

 

24,927

 

Total debt and finance lease obligations

 

 

527,219

 

 

 

522,927

 

Current portion

 

 

2,427

 

 

 

2,296

 

Noncurrent portion

 

 

524,792

 

 

 

520,631

 

Deferred financing costs, net

 

 

4,020

 

 

 

1,355

 

Noncurrent portion, net of deferred financing costs

 

$

520,772

 

 

$

519,276

 

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

As of September 30, 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

 

$

 

 

$

775

 

 

$

775

 

2020

 

 

 

 

 

3,166

 

 

 

3,166

 

2021

 

 

 

 

 

3,266

 

 

 

3,266

 

2022

 

 

 

 

 

3,367

 

 

 

3,367

 

2023

 

 

 

 

 

3,469

 

 

 

3,469

 

Thereafter

 

 

504,000

 

 

 

12,307

 

 

 

516,307

 

Total future payments

 

 

504,000

 

 

 

26,350

 

 

 

530,350

 

Less interest component

 

 

 

 

 

3,131

 

 

 

3,131

 

 

 

 

504,000

 

 

 

23,219

 

 

 

527,219

 

Current portion

 

 

 

 

 

2,427

 

 

 

2,427

 

Long-term portion

 

$

504,000

 

 

$

20,792

 

 

$

524,792