v3.4.0.3
Debt (Tables)
 3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt
As of March 31, 2016 and December 31, 2015, the Company’s outstanding debt is summarized as follows (in thousands):
 
 
March 31, 2016
 
December 31, 2015
Term loan under 2014 Loan and Security Agreement
 
$
19,333

 
$
20,000

Term loan under 2013 Loan and Security Agreement
 
2,000

 
2,500

Promissory note to USAC
 
1,140

 
1,459

FCC civil penalty
 
1,500

 
1,667

Total notes payable, gross
 
23,973

 
25,626

Less: discount
 
(954
)
 
(1,087
)
Total notes payable, net carrying value
 
23,019

 
24,539

Revolving line of credit
 
12,500

 
12,500

Total debt, net carrying value
 
$
35,519

 
$
37,039

Less: current portion of debt *
 
(19,875
)
 
(19,712
)
Total debt, less current portion **
 
15,644

 
17,327

 
 
 
 
 
 
 
 
 
 
* Included in ‘Revolving line of credit’ and ‘Notes payable’ in the condensed consolidated balance sheets.
** Included in ‘Notes payable - less current portion’ in the condensed consolidated balance sheets.
Schedule of Maturities of Debt
Maturities of the Company’s outstanding debt as of March 31, 2016 are as follows (in thousands):
Period
 
Amount to Mature
Remainder of 2016
 
$
18,520

2017
 
5,286

2018
 
4,334

2019
 
8,333

Total
 
$
36,473