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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