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Debt and Credit Facilities (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Long Term Debt

Debt consisted of the following (in thousands):

 

Long-Term:

 

March 31, 2020

 

 

December 31, 2019

 

Revolving credit facility

 

$

65,000

 

 

$

-

 

Senior notes

 

 

250,000

 

 

 

250,000

 

Debt issuance costs

 

 

(599

)

 

 

(647

)

Total long-term

 

$

314,401

 

 

$

249,353

 

Schedule of Aggregate Amount of Debt

On July 1, 2014, the Company finalized a private placement whereby the Company raised an aggregate amount of $250.0 million in debt as follows (in thousands):

 

Tranche

 

Debt Amount

 

 

Maturity Date

 

Interest Rates

 

Senior Note, Series A

 

$

50,000

 

 

July 15, 2021

 

 

4.44

%

Senior Note, Series B

 

 

100,000

 

 

July 15, 2024

 

 

4.98

%

Senior Note, Series C

 

 

60,000

 

 

July 15, 2026

 

 

5.13

%

Senior Note, Series D

 

 

40,000

 

 

July 15, 2029

 

 

5.38

%