6. Long-Term Debt

Long-term debt consists of the following as of the dates presented (in thousands):

	September 30,		December 31,
	2015		2014
Surplus note	$	16,176	$	17,280
Term loan		6,758		13,330
Promissory note		1,390		—
Total	$	24,324	$	30,610

In addition to the long-term debt listed above, UIH has an unsecured line of credit and had not drawn any amounts under that debt facility. The term loan and unsecured line of credit contain certain covenants and restrictions applicable while amounts are outstanding thereunder. Pursuant to the agreements underlying the term loan and unsecured line of credit, UIH will be prohibited from paying dividends to its shareholders should UIH default on such underlying agreements. UIH was in compliance with the covenants of the term loan as of September 30, 2015. UPCIC was in compliance with the terms of the surplus note as of September 30, 2015.