Long-Term Debt and Interest Expense (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt consisted of the following (in thousands): 

	March 31, 2020		December 31, 2019
10.75% Senior Notes due 2023	$	300,000	$	300,000
ABL Facility	8,000		—
Senior Secured Promissory Note	15,000		—
Finance leases and other notes	31,175		35,898
Unamortized discounts and deferred financing costs	(27,626)		(8,795)
Total long-term debt	326,549		327,103
Less current portion	17,075		18,738
Total non-current portion of long-term debt	$	309,474	$	308,365

Debt Discounts and Issuance Costs

The following discounts and issuance costs on debt represent the unamortized discount to fair value of the Senior Notes, the Senior Secured Promissory Note, and the unamortized debt issuance costs on Senior Notes (in thousands). For discussion of the change in unamortized discount on Senior Notes, see discussion below.

	March 31, 2020		December 31, 2019
Unamortized discount on Senior Notes	$	13,578	$	2,156
Unamortized discount on Senior Secured Promissory Note	7,850		—
Unamortized deferred debt issuance costs	6,198		6,639
Total unamortized discounts and deferred financing costs	$	27,626	$	8,795

Interest Expense

The Company’s interest expense for the three months ended March 31, 2020 and 2019, consisted of the following (in thousands):

	Three Months Ended March 31,
	2020		2019
Cash payments for interest	$	1,229	$	1,609
Change in accrued interest	8,220		8,148
Amortization of discounts	521		262
Amortization of deferred debt costs	587		564
Commitment and other fees paid	11		11
Other	51		19
Interest expense - continuing operations	$	10,619	$	10,613