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Debt (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2020
Dec. 31, 2019
Debt Disclosure [Abstract]    
Schedule of Long-term Debt Instruments
The Company’s debt as of June 30, 2020 and December 31, 2019, consisted of the following (in thousands):
 
    
June 30,
2020
    
December 31,
2019
 
2019 Senior Secured Credit Facility:
     
Revolving credit facility
   $ 50,500      $ 58,500  
Term Loan
     234,000        240,000  
Delayed Draw Term Loan (DDTL)
     122,688        60,000  
  
 
 
    
 
 
 
Total debt
     407,188        358,500  
Less: Debt issuance costs
     (8,198      (8,808
  
 
 
    
 
 
 
Total debt, net of debt issuance costs
     398,990        349,692  
Less: Current maturities
     (18,250      (15,000
  
 
 
    
 
 
 
Total debt, net of current maturities
   $ 380,740      $ 334,692  
  
 
 
    
 
 
 
The Company’s debt as of December 31, consisted of the following (in thousands):
 
    
2019
    
2018
 
New Credit Facility:
     
Revolving credit facility
   $ 58,500      $ —    
Term Loan
     240,000        —    
Delayed Draw Term Loan (DDTL)
     60,000        —    
Prior Credit Facility:
         
Line of credit
     —          50,000  
Contract draw loan
     —          67,000  
Term loans
     —          115,625  
  
 
 
    
 
 
 
Total debt
     358,500        232,625  
Less: Debt issuance costs
     (8,808      (1,230
  
 
 
    
 
 
 
Total debt, net of debt issuance costs
     349,692        231,395  
Less: Current maturities
     (15,000      (62,500
  
 
 
    
 
 
 
Total debt, net of current maturities
   $ 334,692      $ 168,895  
  
 
 
    
 
 
 
Schedule of Maturities of Long-term Debt  
The principal maturities of long-term debt as of December 31, 2019 are as follows (in thousands):
 
Year ending December 31:
  
2020
   $ 15,000  
2021
     15,000  
2022
     15,000  
2023
     15,000  
2024
     298,500  
  
 
 
 
Total debt
   $ 358,500  
  
 
 
 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments  
The carrying value and estimated fair value of our debt at December 31, was as follows (in thousands):
 
    
2019
    
2018
 
Carrying value
   $ 349,692      $ 231,395  
Estimated Fair value
     349,692        229,763