Annual report pursuant to Section 13 and 15(d)

LONG-TERM DEBT LONG-TERM DEBT (Tables)

v2.4.1.9
LONG-TERM DEBT LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s borrowings as of December 31, 2014 and 2013 were as follows (in thousands):
 
 
2014
 
2013
7.750% Senior Notes (excluding unamortized discount)
 
$
200,000

 
$
200,000

Senior secured revolving credit facility
 
85,000

 
55,000

Promissory notes
 
27,426

 
30,311

Total principal balance on borrowings
 
312,426

 
285,311

Portion due with one year
 
(27,426
)
 
(2,787
)
Unamortized discount
 
(2,882
)
 
(3,133
)
Long-term debt
 
$
282,118

 
$
279,391

Schedule of Maturities of Long-term Debt
The Company’s scheduled long-term debt maturities as of December 31, 2014 were as follows (in thousands):
2015
 
$
27,426

2016
 

2017
 

2018
 

2019
 
85,000

Years subsequent to 2019
 
200,000

 
 
$
312,426