DEBT (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Maturities of Long-term Debt

Contractual repayments of the term loan began September 30, 2015 and are due as follows:



Year Ended December 31,	Principal Repayment
	(In thousands)
2016	$	12,500
2017	25,625
2018	32,500
2019	273,750
	$	344,375

Components of Interest Expense

The interest expense components of the Company’s convertible notes are as follows (net of capitalized interest amounts):



		Three Months Ended March 31,
		2016		2015
	(In thousands)
2016 Notes:
Amortization of the discount on the liability component (1)		$	2,064	$	1,859
Cash interest related to the contractual interest coupon (2)		887		845
Total		$	2,951	$	2,704

(1)The amortization of the discount on the liability component of the 2016 Notes is presented net of capitalized interest of $0.1 million and $0.2 million for the three month periods ended March 31, 2016 and 2015, respectively.

(2)The cash interest related to the contractual interest coupon on the 2016 Notes is presented net of capitalized interest of $0.0 million and $0.1 million for the three month periods ended March 31, 2016 and 2015, respectively.