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Borrowings (Tables)
 6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Borrowings The following tables summarize the Company’s borrowings as of June 30, 2020, and December 31, 2019 (in thousands):
June 30, 2020
Principal repayment obligation (1)
Unamortized DFC and discountsCarrying value
2020 Unsecured Note$52,500  $(18,608) $33,892  
2019 Term Loan, due November 2021 (2)
54,238  (6,752) 47,486  
2018 Term Loan, due September 202160,000  (1,342) 58,658  
Total borrowings$166,738  $(26,702) $140,036  
December 31, 2019
Principal repayment obligation and 
other fees (3)
Unamortized DFC and discountsCarrying value
2019 Term Loan, due May 2020 (2)
$84,955  $(6,427) $78,528  
2018 Term Loan, due September 202160,000  (1,879) 58,121  
Total borrowings$144,955  $(8,306) $136,649  
(1) Includes paid-in-kind interest on the 2019 Term loan of $1.3 million.
(2) Maturity date amended as part of the Second Amendment to the 2019 Term Loan.
(3) Includes paid-in-kind interest on the 2019 Term loan of $1.8 million as well as a final payment fee equal to 20% of the principal amount less financing costs and cash interest amounts paid.
Summary of Debt Instrument Payment Schedule The 2020 Unsecured Note will be repaid in installments on the first day of every month as follows (in thousands):
PeriodPeriodic AmountTotal Amount
June 1, 2020$3,500  $3,500  
July 1, 2020 – October 1, 20205,000  20,000  
November 1, 20204,500  4,500  
December 1, 2020 – June 1, 20214,000  28,000  
Face amount of 2020 Unsecured Note$56,000