Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v3.3.1.900
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2015
Long-Term Debt  
Schedule of Debt-Maturity by years

The following table sets forth our principal payments for the following five years, in thousands:

 

 

 

 

 

 

    

Total Principal

 

 

Payments

Schedule of Debt Maturity by Years:

 

 

 

2016

 

$

15,000

2017

 

 

20,000

2018

 

 

20,000

2019

 

 

25,000

2020

 

 

115,000

Total principal maturities

 

$

195,000

 

Principal balance of our long-term debt

The following table reconciles the principal balance of our long-term debt to our Consolidated Balance Sheets as of December 31, 2015 and 2014, in thousands:

 

 

 

 

 

 

 

 

 

    

2015

 

2014

Current portion of long-term debt

 

$

15,000

 

$

 —

Long term portion of long-term debt

 

 

180,000

 

 

 —

Unamortized debt issuance costs

 

 

(1,543)

 

 

 —

Long-term debt

 

$

193,457

 

$

 —