Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Long-Term Debt

The components of our long-term debt are as follows (in thousands):

	December 31,
	2018			2017
Term Loan Facility due 2021	$	245,000		$	247,500
Debt issuance costs and unamortized premium (discount) on debt, net	(1,421		)	(1,897		)
Total	243,579			245,603
Less current portion	(2,500		)	(2,500		)
Long-term debt	$	241,079		$	243,103

Weighted Average Interest Rates [Table Text Block]

The weighted average interest rates on the outstanding borrowings under the Term Loan Facility for the year ended December 31, 2018 was as follows:

	Year Ended December 31, 2018
Term Loan Facility	12.42	%

Schedule of Repayment Requirements of Long-Term Debt

Presented below is a schedule of the repayment requirements of long-term debt as of December 31, 2018 (in thousands):

	Principal Amount of Long-Term Debt
2019	$	2,500
2020	2,500
2021	240,000
Total long-term debt	$	245,000

Interest Expense

Interest expense for the years ended December 31, 2018 and 2017, the period from December 16, 2016 through December 31, 2016 and the period from January 1, 2016 through December 15, 2016 consisted of the following (in thousands):

	Successor						Predecessor
	Year Ended December 31, 2018		Year Ended December 31, 2017		Period from December 16, 2016 through December 31, 2016		Period from January 1, 2016 through December 15, 2016
Cash payments	$	32,718	$	30,397	$	1,312	$	69,134
Commitment and agency fees paid	969		924		35		772
Amortization of discount and premium on debt	—		—		—		1,086
Amortization of deferred financing costs	476		476		17		3,328
Write-off of deferred financing costs	—		—		—		—
Net interest expense	$	34,163	$	31,797	$	1,364	$	74,320

Summary of Deferred Financing Costs Including Cost Capitalized, Amortized, and Written Off in Determination of Loss on Extinguishment of Debt

A summary of deferred financing costs including capitalized costs, write-offs and amortization are presented in the table below (in thousands):

Predecessor
Balance at December 15, 2016	$	—
Successor
Balance at December 15, 2016	2,040
Capitalized costs	—
Amortization	(17		)
Balance at December 31, 2016	2,023
Capitalized costs	350
Amortization	(476		)
Balance at December 31, 2017	1,897
Capitalized costs	—
Amortization	(476		)
Balance at December 31, 2018	$	1,421

The Predecessor balance of $14.8 million was eliminated in accordance with ASC 852, recorded as a reorganization item on the consolidated statement of operations. See “Note 5. Reorganization Items” for more details.