Debt (Tables)

6 Months Ended

Jun. 30, 2021

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt consists of the following obligations as of:

(in thousands)	June 30, 2021		December 31, 2020
2019 Refinancing Term Loan - term loan payable in quarterly installments of principal, (commencing in September 2020) plus interest through April 2022	$	—	$	39,000
2019 Refinancing Revolving Credit Facility	—		—
Wintrust Term Loan - term loan payable in quarterly installments of principal, (commencing in March 2021) plus interest through February 2026	28,000		—
Wintrust Revolving Loan	—		—
Finance leases – collateralized by vehicles, payable in monthly installments of principal, plus interest ranging from 4.70% to 6.45% through 2025	5,476		6,459
Total debt	33,476		45,459
Less - Current portion of long-term debt	(8,454)		(6,536)
Less - Unamortized discount and debt issuance costs	(301)		(2,410)
Long-term debt	$	24,721	$	36,513

Schedule of Additional Margin and Commitment Fees Payable

The following is a summary of the additional margin and commitment fees payable on the available Wintrust Term Loan and Wintrust Revolving Loan credit commitment:

Level	Senior Leverage Ratio	Additional Margin for Prime Rate loans		Additional Margin for Prime Revolving loans		Additional Margin for Eurodollar Term loans		Additional Margin for Eurodollar Revolving loans		Commitment Fee
I	Greater than 1.00 to 1.00	1.00	%	0.50	%	4.00	%	3.50	%	0.25	%
II	Less than or equal to 1.00 to 1.00	0.25	%	—	%	3.50	%	3.00	%	0.25	%