Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v3.10.0.1
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Long-Term Debt

The components of our long-term debt are presented in the following tables (in thousands):

 

December 31, 2018

 

 

December 31, 2017

 

 

 

 

 

 

Adjustments to

 

 

 

 

 

 

 

 

 

 

Adjustments to

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Carrying

 

 

 

 

 

 

Carrying

 

 

Carrying

 

 

Principal

 

 

Value (1)

 

 

Value

 

 

Principal

 

 

Value (2)

 

 

Value

 

Credit Facility,

      due October 2022

$

21,000

 

 

$

 

 

$

21,000

 

 

$

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9.75 % Senior Second Lien Notes,

    due November 2023:

 

625,000

 

 

 

(12,465

)

 

 

612,535

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11.00% 1.5 Lien Term Loan,

    due November 2019:

 

 

 

 

 

 

 

 

 

 

75,000

 

 

 

15,596

 

 

 

90,596

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9.00 % Second Lien Term Loan,

    due May 2020:

 

 

 

 

 

 

 

 

 

 

300,000

 

 

 

(4,381

)

 

 

295,619

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9.00%/10.75% Second Lien

    PIK Toggle Notes, due May 2020:

 

 

 

 

 

 

 

 

 

 

171,769

 

 

 

40,617

 

 

 

212,386

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8.50%/10.00% Third Lien

    PIK Toggle Notes, due June 2021:

 

 

 

 

 

 

 

 

 

 

153,192

 

 

 

50,005

 

 

 

203,197

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8.50% Unsecured Senior Notes,

    due June 2019

 

 

 

 

 

 

 

 

 

 

189,829

 

 

 

425

 

 

 

190,254

 

Total long-term debt

 

646,000

 

 

 

(12,465

)

 

 

633,535

 

 

 

889,790

 

 

 

102,262

 

 

 

992,052

 

Current maturities of long-term debt (3)

 

 

 

 

 

 

 

 

 

 

 

 

 

22,925

 

 

 

22,925

 

Long term debt, less current

    maturities

$

646,000

 

 

$

(12,465

)

 

$

633,535

 

 

$

889,790

 

 

$

79,337

 

 

$

969,127

 

 

 

(1)

Unamortized debt issuance costs.

 

(2)

Unamortized debt issuance costs, unamortized debt premiums, unamortized debt discounts, future interest payments for certain debt instruments and future payments-in-kind (“PIK”) for certain debt instruments recorded on an undiscounted basis.

 

(3)

Future interest payments due within twelve months on the 1.5 Lien Term Loan, Second Lien PIK Toggle Notes and Third Lien PIK Toggle Notes (these debt instruments are defined below).