The following table summarizes the Company’s debt:



	April 1, 2017			December 31, 2016
Revolving loans	$	4,286		$	—
Senior term loan, due 2020	534,875			536,250
6.375% Senior Notes, due 2022	330,000			330,000
11.6% Junior Subordinated Debentures - Preferred	105,443			105,443
Junior Subordinated Debentures - Common	3,261			3,261
Capital leases & other obligations	268			322
	978,133			975,276
(Add) unamortized premium on 11.6% Junior Subordinated Debentures	19,654			19,936
(Subtract) current portion of long term debt and capital leases	(5,657		)	(5,643		)
(Subtract) deferred financing fees	(15,281		)	(16,114		)
Total long term debt, net	$	976,849		$	973,455

As of April 1, 2017, there was $534,875 outstanding under the Company’s term loan. The interest rate on the term loan was 4.6% at April 1, 2017. As of April 1, 2017, the Company had $4,286 outstanding under its revolving credit facility along with in $6,359 of letters of credit. The interest rate on the revolving credit facility was 6.25% at April 1, 2017. The Company has approximately $59,355 of available borrowings under the revolving credit facility as a source of liquidity.

Additional information with respect to the fair value of the Company’s fixed rate senior notes and junior subordinated debentures is included in Note 10 - Fair Value Measurements.