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Debt (Tables) | 12 Months Ended
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Dec. 31, 2016
Debt Instrument [Line Items] |
Schedule of Debt | The following table summarizes our outstanding debt as of December 31, 2016 and 2015 (in thousands):
| December 31,
| 2016 |  | 2015
Hawaii Retail Credit Facilities (1) | $ | 95,319 |  |  | $ | 110,000 |
5% Convertible Senior Notes due 2021 | 115,000 |  |  | — |
Term Loan | 60,361 |  |  | 60,119 |
Par Wyoming Holdings Term Loan | 67,325 |  |  | — |
Wyoming Refining Senior Secured Term Loan | 55,715 |  |  | — |
Wyoming Refining Senior Secured Revolver | 6,700 |  |  | — |
Principal amount of long-term debt | 400,420 |  |  | 170,119 |
Less: unamortized discount and deferred financing costs | (30,024 | ) |  | (4,907 | )
Total debt, net of unamortized discount and deferred financing costs | 370,396 |  |  | 165,212 |
Less: current maturities | (20,286 | ) |  | (11,000 | )
Long-term debt, net of current maturities | $ | 350,110 |  |  | $ | 154,212 |
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(1) | Represents credit agreement with KeyBank (formerly the "Keybank Credit Agreement").
Contractual Obligation, Fiscal Year Maturity Schedule | Annual maturities of our long-term debt for the next five years and thereafter are as follows (in thousands):
Year Ended |  | Amount Due
2017 |  | $ | 20,286 |
2018 |  | 124,490 |
2019 |  | 11,000 |
2020 |  | 11,000 |
2021 |  | 193,325 |
Thereafter |  | 40,319 |
Total |  | $ | 400,420 |
Schedule Of Applicable Margin For Debt Instrument | The applicable margins for the Hawaii Retail Term Loans and advances under the Hawaii Retail Revolving Credit Facilities are as specified below:
|  |  |  | Applicable Margin for |  | Applicable Margin for
Level |  | Leverage Ratio |  | Base Rate Loans |  | Eurodollar Loans
1 |  | < 3.00x |  | 1.50% |  | 2.50%
2 |  | 3.00x - 3.50x |  | 1.75% |  | 2.75%
3 |  | 3.50x - 4.00x |  | 2.00% |  | 3.00%
4 |  | > 4.00x |  | 2.25% |  | 3.25%
HIE Retail Credit Agreement |
Debt Instrument [Line Items] |
Schedule Of Leverage Ratio | Pursuant to the Hawaii Retail Credit Facilities, we are required to comply with various affirmative and negative covenants affecting our business and operations, including compliance with an interest coverage ratio of less than 2.50 to 1.00, a debt service coverage ratio of less than 1.25 to 1.00 and a maximum leverage ratio, calculated on a trailing four-quarters basis, determined as follows:
Period (fiscal quarters) |  | Maximum Leverage Ratio
December 31, 2015 — December 31, 2017 |  | 4.50 to 1.00
March 31, 2018 — December 31, 2018 |  | 4.25 to 1.00
March 31, 2019 and each fiscal quarter-end thereafter |  | 4.00 to 1.00

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