Debt

6 Months Ended

Jun. 30, 2019

Debt

Debt

9. Debt

Debt, net of current portion, consists of the following (in thousands):

	June 30,		December 31,
	2019		2018
Senior Secured Credit Facility	$	228,538	$	229,713
Other long-term financing(a)		494		635
Less unamortized debt issuance costs		(1,332)		(1,481)
Less unamortized debt discount costs		(973)		(1,080)
Less current portion(a)		(2,637)		(2,622)
	$	224,090	$	225,165

(a) Includes financing assumed with the acquisition of booj. As of June 30, 2019, the carrying value of this financing approximates the fair value.

Maturities of debt are as follows (in thousands):

As of June 30, 2019:
Remainder of 2019	$	1,315
2020		2,704
2021		2,350
2022		2,350
2023		220,313
	$	229,032

Senior Secured Credit Facility

On December 15, 2016, RMCO and RE/MAX, LLC, a wholly owned subsidiary of RMCO, entered into a credit agreement with JPMorgan Chase Bank, N.A., as administrative agent, and various lenders party thereto (the “Senior Secured Credit Facility”). The Senior Secured Credit Facility consists of a $235.0 million term loan facility which matures on December 15, 2023 and a $10.0 million revolving loan facility which must be repaid on December 15, 2021. As of June 30, 2019, the Company had no revolving loans outstanding under its Senior Secured Credit Facility. As of June 30, 2019, the interest rate on the term loan facility was 5.15%.