DEBT (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure of detailed information about borrowings [abstract]

Disclosure of detailed information about borrowings

The following table displays the components of our current and long term debt instruments:

	As of		As of
	December 31, 2019		December 31, 2018
Current debt:
Lease liabilities	$	987	$	1,151
Ecobank Loan III	—		5,555
Ecobank Loan IV	—		4,000
Vendor agreement	—		16,776
Macquarie Credit Facility	15,000		—
Total current debt	$	15,987	$	27,482
Long term debt:
Leases liabilities	$	1,394	$	532
Ecobank Loan III	—		14,380
Ecobank Loan IV	—		13,700
7% Convertible Debentures	47,002		44,612
Macquarie Credit Facility	42,386		—
Total long term debt	$	90,782	$	73,224
Current portion	$	15,987	$	27,482
Long term portion	90,782		73,224
Total	$	106,769	$	100,706

Schedule of changes in borrowings

The changes in the carrying amount of the 7% Convertible Debentures are as follows:

	For the Years Ended December 31,
	2019		2018
Beginning balance	$	44,612	$	42,515
Accretion of 7% Convertible Debentures discount	2,390		2,097
Balance at the end of the period	$	47,002	$	44,612

Schedule of payments on outstanding debt

Schedule of payments on outstanding debt as of December 31, 2019:

	Year ending December 31, 2020		Year ending December 31, 2021		Year ending December 31, 2022		Year ending December 31, 2023		Year ending December 31, 2024		Year ending December 31, 2025		Maturity
Lease liabilities
Principal	$	987	$	258	$	275	$	294	$	313	$	254	2025
Interest	106		81		64		45		25		5
7% Convertible Debentures
Principal	—		51,498		—		—		—		—		2021
Interest	3,605		3,605		—		—		—		—
Macquarie Credit Facility
Principal	15,000		20,000		20,000		5,000		—		—		2023
Interest	3,667		2,436		1,135		80		—		—
Total principal	$	15,987	$	71,756	$	20,275	$	5,294	$	313	$	254
Total interest	7,378		6,122		1,199		125		25		5
	$	23,365	$	77,878	$	21,474	$	5,419	$	338	$	259