Convertible Debt and Notes Payable (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Schedule of Debt and Capital Lease Obligations

As of March 31, 2020 and December 31, 2019, the Company's outstanding debt was as follows:

	As of March 31, 2020		As of December 31, 2019
	(dollars in thousands)
Convertible debt	$	119,929	$	118,688
Notes payable	307,019		306,818
Spike line	35,000		—
Revolving credit facility	25,000		—
Term loan	32,180		32,180
Other notes payable	4,719		2,516
Finance lease obligations	3,613		3,937
	$	527,460	$	464,139

Direct Financing Lease, Lease Income [Table Text Block]

For the three months ended March 31, 2020 and 2019, quantitative information regarding the Company's finance lease obligations reflected in the accompanying condensed consolidated statements of operations, the supplemental cash flow information and certain other information related to finance leases were as follows:

	Three Months Ended March 31,
	2020			2019
	(dollars in thousands)
Lease cost
Finance lease cost:
Amortization of finance lease right-of-use assets	$	308		$	368
Interest on lease liabilities	49			63
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases	49			63
Financing cash flows from finance leases	$	314		$	394
Weighted average remaining lease term - operating leases (in years)	2.97			3.90
Weighted average discount rate - operating leases	4.88		%	4.93		%

Schedule of Maturities of Debt and Future Minimum Lease Payments for Capital Leases

Annual scheduled maturities of debt and minimum payments (of principal and interest) for all debt outstanding as of March 31, 2020, are as follows:

	Convertible Debt		Notes Payable		Spike Line		Revolving Credit Facility		Term Loan		Other Notes Payable		Finance Lease Obligation
	(dollars in thousands)
2020	$	4,050	$	19,075	$	35,000	$	25,101	$	32,596	$	2,799	$	922
2021	4,050		23,548		—		—		—		593		1,394
2022	139,050		23,548		—		—		—		593		1,163
2023	—		23,548		—		—		—		593		411
2024	—		98,721		—		—		—		543		11
Thereafter	—		334,304		—		—		—		—		—
Subtotal	147,150		522,744		35,000		25,101		32,596		5,121		3,901
Less (a)	(27,221)		(215,725)		—		(101)		(416)		(402)		(288)
Total	$	119,929	$	307,019	$	35,000	$	25,000	$	32,180	$	4,719	$	3,613

(a)Amount necessary to reduce net minimum payments to present value calculated at the Company's implicit rate at inception. This amount also includes capitalized debt costs and the unamortized discount on the Company's convertible debt.

Schedule of Line of Credit Facilities

As of March 31, 2020, the Company has the following six irrevocable letters of credit, related to leased office space, for which there is cash collateral pledged, which the Company pays a fee on the stated amount of the letter of credit. The Company also has pledged collateral for reinsurance agreements which amounted to $2.9 million as of March 31, 2020, and $2.0 million as of December 31, 2019, which are released annually between March 2020 and March 2023 based on the policy periods covered by the reinsurance agreements.

Location	Amount		Maturity
	(dollars in thousands)
New York	$	360	April 2021
New York	$	398	October 2020
New York	$	1,125	October 2020
New York	$	1,635	November 2020
Boston	$	379	March 2021
San Francisco	$	711	October 2025