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LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2019
Long-Term Debt [Abstract]  
Schedule of Long Term Debt

 

 

 

 

 

 

 

 

 

December 31, 

 

    

2019

    

2018

 

 

(in thousands)

Secured Term Loans

 

$

453,831

 

$

519,850

Revolving Credit Facility

 

 

14,358

 

 

115,000

Unamortized deferred financing costs

 

 

(22,189)

 

 

(24,063)

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

 

 

446,000

 

 

610,787

Less: current portion of long-term debt

 

 

12,750

 

 

28,300

Long-term debt

 

$

433,250

 

$

582,487

 

Schedule of Maturities of Long-term Debt

As of December 31, 2019, the Company’s debt maturities for the next five years and thereafter on a calendar year basis are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Total

    

2020

    

2021

    

2022

    

2023

    

2024

    

Thereafter

 

 

(in thousands)

Term Loans

 

$

453,831

 

$

12,750

 

$

17,750

 

$

20,000

 

$

111,631

 

$

291,700

 

$

 -

Revolving Loan

 

 

14,358

 

 

 -

 

 

 -

 

 

 -

 

 

14,358

 

 

 -

 

 

 -

Total

 

$

468,189

 

$

12,750

 

$

17,750

 

$

20,000

 

$

125,989

 

$

291,700

 

$

 -