Subsequent Events (Notes)

3 Months Ended

Mar. 31, 2018

Subsequent Events [Abstract]

Subsequent Events

NOTE 18. SUBSEQUENT EVENTS

The Notes described in Note 11 provided for a 15% ($22.5M) overallotment option for 13 days following the execution of the purchase agreement. On April 6, 2018 this option was partially exercised and resulted in $21.5 million of additional proceeds. The issuance of the additional Notes will be allocated between long-term debt and contributed capital. This will result in an increase in long-term debt of $14.6 million and an increase in contributed capital of $6.9 million. The Company incurred approximately $645,000 of issuance costs related to the partial exercise, of which $439,000 and $206,000 will be recorded to long-term debt and contributed capital, respectively.