DEBT AND PREFERRED STOCK (Tables)

6 Months Ended

Jun. 30, 2016

Debt And Preferred Stock Disclosures

Schedule of five year payment of term debt and line of credit and modified convertible notes

The five-year payment schedule of our term debt and line of credit (both of which are classified as long-term debt) and our Modified Convertible Notes is as follows (in thousands):

	Payments due by period
	(in thousands)														Deferred		Original
	Remainder of														Financing		Issue		Carrying
	2016		2017		2018		2019		2020		Thereafter		Total		Costs, net		Discount, net		Value
Long-term debt	$	250	$	1,250	$	2,500	$	3,750	$	5,000	$	37,000	$	49,750	$	1,181	$	—	$	48,569
Line of credit		—		—		—		—		12,587		—		12,587		587		—		12,000
Convertible notes		—		—		—		—		—		16,565		16,565		—		4,314		12,251
Total	$	250	$	1,250	$	2,500	$	3,750	$	17,587	$	53,565	$	78,902	$	1,768	$	4,314	$	72,820

Schedule of summary of recorded value of the modified convertible note

The following table (in thousands) is a summary of the recorded value of the Modified Convertible Notes as of June 30, 2016. The value of the convertible note reflects the present value of the contractual cash flows from the Modified Convertible Notes and resulted in an original issue discount of $4,673,000 that was recorded on January 28, 2016, the issuance date.

	Balance
	June 30, 2016
Modified Convertible Notes - Face value	$	16,473
Less: Original issue discount		(4,673)
Modified Convertible Notes recorded value on issue date		11,800
PIK interest paid January 29, 2016 - June 30, 2016		92
Accumulated accretion of debt discounts		359
Modified Convertible Notes value	$	12,251

Schedule of interest expense

The following table (in thousands) is a summary of our total interest expense as follows:

	Three months ended				Six months ended
	June 30, 2016		June 30, 2015		June 30, 2016		June 30, 2015
Contractual coupon interest	$	1,603	$	134	$	2,723	$	268
Amortization of discount and deferred financing costs		392		—		613		—
Total interest expense	$	1,995	$	134	$	3,336	$	268