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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2017
Significant Accounting Policies  
Schedule of fair value of debt instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

December 31, 2016

 

    

Carrying

    

Fair

    

Carrying

    

Fair

(in thousands)

 

Value

 

Value

 

Value

 

Value

Original notes - 7.625% (1)

 

$

421,772

 

$

426,063

 

$

420,523

 

$

420,750

Add-on notes - 7.625% (2)

 

 

224,338

 

 

220,550

 

 

225,743

 

 

217,800


(1)

The carrying value of the Original notes - 7.625% is net of unamortized deferred financing costs of $3.2 and $4.5 million as of December 31, 2017 and 2016, respectively.

(2)

The carrying value of the Add-on notes - 7.625% is net of unamortized deferred financing costs of $1.3 and $1.9 million as of December 31, 2017 and 2016, respectively, and includes unamortized bond premium of $5.7 and $7.6 million as of December 31, 2017 and 2016, respectively.