Debt	3 Months Ended
Mar. 31, 2020
Debt [Abstract]
Debt	7. Debt Senior Notes On May 31, 2011, the Company issued 10-year, $100 million senior notes (“Senior Notes”). The Senior Notes mature on June 1, 2021 and bear interest at 5.875% per annum, payable semi-annually on June 1 and December 1 of each year and commenced on December 1, 2011. Upon the occurrence of a change of control triggering event, as defined in the indenture, the Company would be required to offer to repurchase the Senior Notes at 101% of their principal amount plus accrued interest. At March 31, 2020 and December 31, 2019, the debt was recorded at its face value, net of issuance costs, of $24.2 million.

Debt

3 Months Ended

Mar. 31, 2020

7. Debt

Senior Notes

On May 31, 2011, the Company issued 10-year, $100 million senior notes (“Senior Notes”). The Senior Notes mature on June 1, 2021 and bear interest at 5.875% per annum, payable semi-annually on June 1 and December 1 of each year and commenced on December 1, 2011. Upon the occurrence of a change of control triggering event, as defined in the indenture, the Company would be required to offer to repurchase the Senior Notes at 101% of their principal amount plus accrued interest.

At March 31, 2020 and December 31, 2019, the debt was recorded at its face value, net of issuance costs, of $24.2 million.