XML 41 R29.htm IDEA: XBRL DOCUMENT v3.20.2
Borrowings (Tables)
 9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Borrowings The following tables summarize the Company’s borrowings as of September 30, 2020, and December 31, 2019 (in thousands):
September 30, 2020
Principal repayment obligation (1)
Unamortized DFC and discountsCarrying value
2020 Unsecured Note$29,500 $(7,652)$21,848 
2019 Term Loan, due March 2022 (2)
43,331 (5,672)37,659 
2018 Term Loan, due September 202160,000 (1,074)58,926 
Total borrowings$132,831 $(14,398)$118,433 
December 31, 2019
Principal repayment obligation and
other fees (3)
Unamortized DFC and discountsCarrying value
2019 Term Loan, due March 2022 (2)
$84,955 $(6,427)$78,528 
2018 Term Loan, due September 202160,000 (1,879)58,121 
Total borrowings$144,955 $(8,306)$136,649 
(1) Includes paid-in-kind interest on the 2019 Term Loan of $2.4 million.
(2) Maturity date amended as part of the Fourth Amendment to the 2019 Term Loan.
(3) Includes paid-in-kind interest on the 2019 Term Loan of $1.8 million as well as a final payment fee equal to 20% of the principal amount less financing costs and cash interest amounts paid.
Summary of Debt Instrument Payment Schedule As of September 30, 2020, we had repaid $26.5 million of the 2020 Unsecured Note and the remaining repayments are scheduled as follows (in thousands):
PeriodPeriodic AmountTotal Amount
October 1, 2020$5,000 $5,000 
November 1, 20204,500 4,500 
December 1, 2020 – April 1, 20214,000 20,000 
Total remaining amortization payments$29,500