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Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2018
Long-Term Debt  
Schedule of long-term debt

 

 

 

 

 

 

 

 

 

December 31, 

(In thousands)

    

2018

    

2017

3.25% Convertible notes due 2023

 

 

 

 

 

 

  Principal amount

 

$

230,000

 

$

230,000

  Unamortized debt issuance costs

 

 

(5,182)

 

 

(6,254)

9.0% Non-recourse notes due 2033

 

 

 

 

 

 

  Principal amount, net of 5% retained by the Company

 

 

237,500

 

 

 —

  Unamortized debt issuance costs

 

 

(7,965)

 

 

 —

Total long-term debt

 

$

454,353

 

$

223,746

 

Schedule of long-term debt interest expense

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

(In thousands)

    

2018

    

2017

 

2016

Stated coupon interest

 

$

9,316

 

$

7,475

 

$

1,225

Amortization of debt issuance costs

 

 

1,166

 

 

1,072

 

 

179

Total long-term debt interest expense

 

$

10,482

 

$

8,547

 

$

1,404