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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2018
Long-Term Debt [Abstract]  
Schedule of Long Term Debt

 

 

 

 

 

 

 

 

 

December 31, 

 

    

2018

    

2017

 

 

(in thousands)

Secured Term Loans

 

$

519,850

 

$

551,913

Revolving Credit Facility

 

 

115,000

 

 

92,787

Unamortized deferred financing costs

 

 

(24,063)

 

 

(14,103)

Total long-term debt, net of unamortized deferred financing costs

 

 

610,787

 

 

630,597

Less: current portion of long-term debt

 

 

28,300

 

 

28,300

Long-term debt

 

$

582,487

 

$

602,297

 

Schedule of Maturities of Long-term Debt

As of December 31, 2018, the Company’s debt maturities for the next five years and thereafter on a calendar year basis are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Total

    

2019

    

2020

    

2021

    

2022

    

2023

    

Thereafter

 

 

(in thousands)

Term Loans

 

$

519,850

 

$

28,300

 

$

28,300

 

$

28,300

 

$

28,300

 

$

138,300

 

$

268,350

Revolving Loan

 

 

115,000

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

115,000

 

 

 -

Total

 

$

634,850

 

$

28,300

 

$

28,300

 

$

28,300

 

$

28,300

 

$

253,300

 

$

268,350