Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2019

Scheduled maturities of our long-term debt outstanding as of June 30, 2019 are as follows (in thousands):



	Term Loan ⁽¹⁾			2022 Notes			2023 Notes			MARAD Debt			Nordea Q5000 Loan			Total

Less than one year	$	3,500		$	—		$	—		$	7,027		$	107,143		$	117,670
One to two years	3,500			—			—			7,378			—			10,878
Two to three years	28,000			125,000			—			7,746			—			160,746
Three to four years	—			—			—			8,133			—			8,133
Four to five years	—			—			125,000			8,539			—			133,539
Over five years	—			—			—			28,258			—			28,258
Gross debt	35,000			125,000			125,000			67,081			107,143			459,224
Unamortized debt discounts ⁽²⁾	—			(9,549		)	(16,183		)	—			—			(25,732		)
Unamortized debt issuance costs ⁽³⁾	(477		)	(1,501		)	(2,608		)	(3,781		)	(637		)	(9,004		)
Total debt	34,523			113,950			106,209			63,300			106,506			424,488
Less: current maturities	(3,500		)	—			—			(7,027		)	(106,506		)	(117,033		)
Long-term debt	$	31,023		$	113,950		$	106,209		$	56,273		$	—		$	307,455


(1)	Term Loan pursuant to the Credit Agreement (as defined below) matures in December 2021.


(2)	Our Convertible Senior Notes due 2022 (the “2022 Notes”) will increase to their face amount through accretion of the debt discount through May 2022. Our Convertible Senior Notes due 2023 (the “2023 Notes”) will increase to their face amount through accretion of the debt discount to interest expense through September 2023.

(3)

Debt issuance costs are amortized to interest expense over the term of the applicable debt agreement.

The following table details the components of our net interest expense (in thousands):