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DEBT (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Debt Disclosure [Abstract] |
Components of Long-Term Debt and Capital Leases | A summary of debt is as follows:
| December 31, |  |
| 2019 |  | 2018
Senior Secured Credit Facility: |  |  |
Revolving Credit Facility due May 2023 ("Revolving Credit Facility"); bearing interest at LIBOR plus 1.75% | $ | 26,900 |  |  | $ | 69,600 |
Term Loan A Facility due May 2023 (Term Loan Facility"); bearing interest at LIBOR plus 1.75% | 350,000 |  |  | 350,000 |
Tax-Exempt Bonds: |  |  |
New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds Series 2014 ("New York Bonds 2014") due December 2044 - fixed rate interest period through 2029; bearing interest at 2.875% | 25,000 |  |  | 25,000 |
New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds Series 2014R-2 ("New York Bonds 2014R-2") due December 2044 - fixed rate interest period through 2026; bearing interest at 3.125% | 15,000 |  |  | 15,000 |
Finance Authority of Maine Solid Waste Disposal Revenue Bonds Series 2005R-3 ("FAME Bonds 2005R-3") due January 2025 - fixed rate interest period through 2025; bearing interest at 5.25% | 25,000 |  |  | 25,000 |
Finance Authority of Maine Solid Waste Disposal Revenue Bonds Series 2015R-1 ("FAME Bonds 2015R-1") due August 2035 - fixed rate interest period through 2025; bearing interest at 5.125% | 15,000 |  |  | 15,000 |
Finance Authority of Maine Solid Waste Disposal Revenue Bonds Series 2015R-2 ("FAME Bonds 2015R-2") due August 2035 - fixed rate interest period through 2025; bearing interest at 4.375% | 15,000 |  |  | 15,000 |
Vermont Economic Development Authority Solid Waste Disposal Long-Term Revenue Bonds Series 2013 ("Vermont Bonds") due April 2036 - fixed rate interest period through 2028; bearing interest at 4.625% | 16,000 |  |  | 16,000 |
Business Finance Authority of the State of New Hampshire Solid Waste Disposal Revenue Bonds Series 2013 ("New Hampshire Bonds") due April 2029 - fixed rate interest period through 2029; bearing interest at 2.95% | 11,000 |  |  | 11,000 |
Other: |  |  |
Finance leases maturing through December 2107; bearing interest at a weighted average of 5.0% | 18,364 |  |  | 11,248 |
Notes payable maturing through June 2027; bearing interest at a weighted average of 3.5% | 5,464 |  |  | 2,401 |
Principal amount of debt | 522,728 |  |  | 555,249 |
Less—unamortized discount and debt issuance costs (1) | 9,406 |  |  | 10,950 |
Debt less unamortized discount and debt issuance costs | 513,322 |  |  | 544,299 |
Less—current maturities of debt | 4,301 |  |  | 2,298 |
| $ | 509,021 |  |  | $ | 542,001 |
(1)A summary of unamortized discount and debt issuance costs by debt instrument follows:
| December 31, |  |
| 2019 |  | 2018
Revolving Credit Facility and Term Loan Facility (collectively, the "Credit Facility") | $ | 5,478 |  |  | $ | 7,118 |
New York Bonds 2014 | 1,057 |  |  | 847 |
New York Bonds 2014R-2 | 390 |  |  | 450 |
FAME Bonds 2005R-3 | 432 |  |  | 517 |
FAME Bonds 2015R-1 | 552 |  |  | 622 |
FAME Bonds 2015R-2 | 417 |  |  | 493 |
Vermont Bonds | 541 |  |  | 595 |
New Hampshire Bonds | 539 |  |  | 308 |
| $ | 9,406 |  |  | $ | 10,950 |
Components of Interest Expense | The components of interest expense are as follows:
| Fiscal Year Ended December 31, |  |  |  |
| 2019 |  | 2018 |  | 2017
Interest expense on long-term debt and finance leases | $ | 22,553 |  |  | $ | 23,431 |  |  | $ | 22,060 |
Amortization of debt issuance costs and discount on long-term debt | 2,293 |  |  | 2,449 |  |  | 2,692 |
Letter of credit fees | 519 |  |  | 554 |  |  | 703 |
Less: capitalized interest | (263) |  |  | (140) |  |  | (295) |
Total interest expense | $ | 25,102 |  |  | $ | 26,294 |  |  | $ | 25,160 |
Schedule of Cash Flow Hedges Related to Derivative Instruments | A summary of the effect of cash flow hedges related to derivative instruments on the consolidated balance sheet follows:
|  |  | Fair Value |  |
| Balance Sheet Location |  | December 31, 2019 |  | December 31, 2018
Interest rate swaps | Other current assets |  |  | $ | — |  |  | $ | 338 |
Interest rate swaps | Other non-current assets |  |  | — |  |  | 482 |
Total |  |  | $ | — |  |  | $ | 820 |
Interest rate swaps | Other accrued liabilities |  |  | $ | 1,824 |  |  | $ | 387 |
Interest rate swaps | Other long-term liabilities |  |  | 3,603 |  |  | 1,555 |
Total |  |  | $ | 5,427 |  |  | $ | 1,942 |
Interest rate swaps | Accumulated other comprehensive loss, net |  |  | $ | (5,929) |  |  | $ | (1,196) |
Interest rate swaps - tax provision | Accumulated other comprehensive loss, net |  |  | (112) |  |  | (112) |
|  |  | $ | (6,041) |  |  | $ | (1,308) |
Schedule of Gain (Loss) On Cash Flow Hedges | A summary of the amount of gain or (loss) on cash flow hedging relationships related to interest rate swaps reclassified from accumulated other comprehensive loss, net into earnings follows:
|  | Fiscal Year Ended December 31, |  |  |  |
|  | 2019 |  | 2018 |  | 2017
Statement of Operations Location |  | (Expense) Income |  |  |  |  |
Interest expense |  | $ | (553) |  |  | $ | (363) |  |  | $ | (421) |
Schedule of Future Maturities of Debt | Aggregate principal maturities of debt are as follows:
Estimated Future Payments as of December 31, 2019 |
Fiscal year ending December 31, 2020 | $ | 4,300 |
Fiscal year ending December 31, 2021 | 3,593 |
Fiscal year ending December 31, 2022 | 5,358 |
Fiscal year ending December 31, 2023 | 379,945 |
Fiscal year ending December 31, 2024 | 2,893 |
Thereafter | 126,639 |
| $ | 522,728 |

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