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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments
Long-term debt consisted of the following at December 31, 2017 and 2016:
 
 
12/31/2017
 
12/31/2016
 
 
 
 
 
Term B Loan
 
$
450,000

 
$

Bangkok Bank Loan
 
16,000

 

Equipment loans
 
31,095

 

Total long-term debt
 
497,095

 

Debt issuance costs
 
(27,359
)
 

Total long-term debt, net
 
469,736

 

Less: Current portion of long-term debt
 
(14,588
)
 
$

Long term-debt, net of current portion
 
$
455,148

 
$

Contractual Obligation, Fiscal Year Maturity Schedule
The following table lists the annual principal repayments due for the Company's long term debt as of December 31, 2017:

 Year ending December 31,
Totals
 
(in thousands)
2018
$14,588
2019
33,625

2020
10,408

2021
5,349

2022
4,500

2023
428,625

Totals
$497,095
As of December 31, 2017, $450 million was outstanding under the Term B Loan and there were no borrowings outstanding under the Term A Loan. Since the initial opening of the Casino on February 5, 2018, we have been required to make principal payments under the Term B Loan at the end of each calendar quarter, for which the first payment shall be made by June 30, 2018. The Company will repay one percent of the original principal balance each year in quarterly payments of approximately $1.1 million, beginning in June 2018.