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Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2016
Schedule of Long-Term Debt

The Company’s debt consists of the following:

 

 

 

September 30, 2016

(unaudited)

 

 

December 31, 2015

 

 

 

(In thousands)

 

Senior Secured Credit Facility

 

$

94,500

 

 

$

87,000

 

Second Lien Notes

 

 

33,024

 

 

 

 

8.750% Senior Notes

 

 

151,848

 

 

 

220,000

 

Gap Financing

 

 

2,063

 

 

 

 

Less unamortized discount on 8.750% Senior Notes

 

 

(1,898

)

 

 

(3,575

)

Less deferred financing costs on 8.750% Senior Notes

 

 

(945

)

 

 

(1,785

)

Less deferred financing costs on Second Lien Notes

 

 

(1,180

)

 

 

 

Other

 

 

276

 

 

 

286

 

 

 

$

277,688

 

 

$

301,926

 

 

LRAI  
Schedule of Redemption Prices Expressed as Percentages of Principal Amount

On or after April 15, 2016, LRAI may redeem the 8.750% Senior Notes in whole or in part at the redemption prices (expressed as percentages of the principal amount) set forth in the following table plus accrued and unpaid interest, if any, on the 8.750% Senior Notes redeemed, to the applicable date of redemption, if redeemed during the twelve-month period beginning on April 15 of the years indicated below:

 

Year

 

Percentage

 

2016

 

 

106.563

%

2017

 

 

104.375

%

2018 and thereafter

 

 

100.000

%