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Debt (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Components of Debt

Debt consisted of the following as of December 31, 2014 and 2013:

 

     December 31,  
     2014      2013  

Senior secured notes

   $ 210,000       $ 210,000   

Revolving credit facility

     —           —     

Original issue discount

     (310      (381
  

 

 

    

 

 

 

Total debt

  209,690      209,619   

Current maturities

  —        —     
  

 

 

    

 

 

 
$ 209,690    $ 209,619   
  

 

 

    

 

 

 
Summary of Future Maturities of Long Term Debt Obligations

At December 31, 2014 the Company’s future maturities of long-term debt obligations are as follows:

 

     2015      2016      2017      2018      2019      Thereafter      Total  

Senior secured notes

   $ —         $ —         $ —         $ —         $ 210,000         —         $ 210,000   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
Fair Value of Senior Secured Notes Based on Quoted Market Prices

The fair value of the Senior Secured Notes at December 31, 2014 and 2013 are Level 2 estimates within the fair value hierarchy prescribed by ASC 820 Fair Value Measurements and is estimated based on quoted market prices as follows:

 

     Year ended December 31,  
     2014      2013  

Carrying amount, net

   $ 210,000       $ 210,000   

Fair value

   $ 222,600       $ 228,375