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Senior Debt (Tables)
6 Months Ended
Jun. 30, 2021
Debt Disclosure [Abstract]  
Summary of Debt

Debt consisted of the following:

 

(table only in thousands)

 

June 30, 2021

 

 

December 31, 2020

 

Outstanding borrowings under the Credit Facility (defined below).

Term loan payable in quarterly principal installments of $0.6 million through June 2021, $0.9 million through June 2023, and $1.3 million thereafter with balance due upon maturity in June 2024.

 

 

 

 

 

 

 

 

- Term loan

 

$

45,000

 

 

$

46,250

 

- Revolving credit loan

 

 

23,600

 

 

 

27,700

 

- Unamortized debt discount

 

 

(1,130

)

 

 

(1,334

)

Total outstanding borrowings under the Credit Facility

 

 

67,470

 

 

 

72,616

 

 

 

 

 

 

 

 

 

 

Less: current portion

 

 

(3,750

)

 

 

(3,125

)

Total debt, less current portion

 

$

63,720

 

 

$

69,491