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INDEBTEDNESS (Tables)
12 Months Ended
Dec. 31, 2016
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, 2016

 

 

(in thousands)

 

Principal outstanding

 

15,000

 

Unamortized debt issuance costs

 

(223

)

Net carrying value of senior secured term loan

 

14,777

 

 

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)

 

Total

 

 

(in thousands)

 

2017

$

10,818

 

$

171

 

$

10,989

 

2018

 

5,114

 

 

171

 

 

5,285

 

2019

 

 

 

171

 

 

171

 

2020

 

 

 

171

 

 

171

 

2021

 

 

 

172

 

 

172

 

Thereafter

 

 

 

880

 

 

880

 

Total Payments

$

15,932

 

$

1,736

 

$

17,668

 

 

 

 

(1)

Interest is included