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INDEBTEDNESS (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Components of Long-Term Debt

The following table summarizes the components of the long-term debt recorded for the period indicated:

 

 

As of

December 31, 2015

(in thousands)

 

 

 

 

 

Principal amount

$

20,000

 

Unamortized debt issuance costs

 

(570

)

Net carrying value of senior secured term loan

 

19,430

 

 

Summarizes Total Payments under Company's Debt Arrangements

The following table summarizes the total payments under the Company’s debt arrangements:

 

 

Senior Secured Term Loan (1)

 

Long-term

Mortgage Loans (1)

 

Notes

Payable (1)

 

Total

 

 

(in thousands)

 

2016

$

6,494

 

$

171

 

$

2,504

 

$

9,169

 

2017

 

10,818

 

 

171

 

 

 

 

10,989

 

2018

 

5,114

 

 

172

 

 

 

 

5,286

 

2019

 

 

 

171

 

 

 

 

171

 

2020

 

 

 

172

 

 

 

 

172

 

Thereafter

 

 

 

1,051

 

 

 

 

1,051

 

Total Payments

$

22,426

 

$

1,908

 

$

2,504

 

$

26,838

 

 

 

 

(1)

Interest is included