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Borrowings (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Summary of Borrowings

Borrowings consist of the following (in thousands):

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

Facility Financing Obligation (2019 Notes and

   Tranche B Notes)

 

 

 

 

 

 

 

 

Principal amount

 

$

11,495

 

 

$

54,407

 

Unamortized debt issuance costs and debt discount

 

 

(197

)

 

 

(1,662

)

Net carrying amount

 

$

11,298

 

 

$

52,745

 

Senior Convertible Notes (2021 Notes)

 

 

 

 

 

 

 

 

Principal amount

 

$

18,690

 

 

$

23,690

 

Unamortized premium

 

 

409

 

 

 

721

 

Net carrying amount

 

$

19,099

 

 

$

24,411

 

Note payable to related party - net carrying

   amount

 

$

72,089

 

 

$

79,666

 

Accretion of Debt Issuance Cost and Debt Discount

Accretion of debt issuance cost and debt discount in connection with the Facility Agreement does not include the acceleration of the debt discount and issuance costs related to the transactions disclosed above as the amounts were included in the loss on extinguishment of debt in the consolidated statement of operations. Accretion of debt issuance cost and debt discount during the years ended December 31, 2018, 2017 and 2016 were as follows (in thousands):

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

 

2016

 

Accretion expense - debt issuance cost

 

$

46

 

 

$

31

 

 

 

35

 

Accretion expense - debt discount

 

$

1,155

 

 

$

1,700

 

 

 

1,722

 

Schedule of Amortization of Premium and Accretion of Debt Issuance Costs

 

Amortization of the premium and accretion of debt issuance costs related to the 2021 notes for the years ended December 31, 2018, 2017 and 2016 are as follows (in thousands):

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

 

2016

 

Amortization of debt premium

 

$

154

 

 

$

232

 

 

 

234

 

Accretion expense - debt issuance cost

 

$

4

 

 

$

227

 

 

 

257