DEBT (Tables)

6 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Schedule of long-term debt instruments

The following table presents long-term debt as of June 30, 2017 (in thousands):

	June 30, 2017			December 31, 2016
Loan due September 2018	$	35,500		35,500
Unamortized debt issuance cost	(129		)	(175		)
Carrying value of Loan	35,371			35,325
Exit fee payable in relation to Loan	2,500			2,500
Convertible promissory note payable to an accredited investor	—			100
Total long-term debt	$	37,871		$	37,925
Less: current portion	(37,871		)	(100		)
Long-term debt, less current portion and net of debt issuance cost	—			37,825