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Debt (Tables)
9 Months Ended
Sep. 30, 2015
Debt  
Schedule of debt

Debt consists of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

    

September 30, 

 

December 31, 

 

 

 

2015

 

2014

 

2013 Senior Secured Credit Facility, principal of $520 payable quarterly, matures in July 2020, net of unamortized discount of $789 and $360 as of September 30, 2015 and December 31, 2014, respectively

    

$

202,365

 

$

211,673

 

Less current portion

 

 

(13,362)

 

 

(9,460)

 

 

 

$

189,003

 

$

202,213

 

 

Schedule of Maturities of Debt

Maturities of debt are as follows (in thousands):

 

 

 

 

 

 

 

Year ending December 31:

    

 

 

 

Remainder of 2015

 

$

520

 

2016

 

 

2,080

 

2017

 

 

2,080

 

2018

 

 

2,080

 

2019

 

 

2,080

 

Thereafter

 

 

194,314

 

 

 

$

203,154

 

 

Summary of carrying value and fair value of debt

The following table summarizes the carrying value and fair value of the 2013 Senior Secured Credit Facility as of September 30, 2015 and December 31, 2014 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 

 

December 31, 

 

 

 

2015

 

2014

 

 

    

Carrying amounts

    

Estimated fair value

    

Carrying amounts

    

Estimated fair value

 

2013 Senior Secured Credit Facility

    

$

202,365

 

$

203,663

 

$

211,673

 

$

208,853