LONG-TERM DEBT AND COMMITTMENTS (Tables)

3 Months Ended

Mar. 31, 2017

LONG-TERM DEBT AND COMMITMENTS

Schedule of debt

The following table summarizes information on the debt (in thousands):

	March 31,
	2017
Convertible Senior Notes due 2020	$	250,000
Senior Secured Notes due 2018		30,188
		280,188
Less: Debt issuance costs		(1,932)
Less: Discount on convertible senior notes		(34,079)
		244,177
Less: Current portion		(9,311)
Long-term debt, net of current portion	$	234,866
Future estimated payments on the Senior Secured Notes as of March 31, 2017 are as follows:
2017 (remaining 9 months)	$	20,625
2018		39,027
Total		59,652
Less: Interest portion		(29,464)
Senior Secured Notes	$	30,188