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Debt (Tables)
 12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes our outstanding debt as of December 31, 2017 and 2016 (in thousands):
 
December 31,
 
2017
 
2016
Hawaii Retail Credit Facilities
$
—

 
$
95,319

5.00% Convertible Senior Notes due 2021
115,000

 
115,000

7.75% Senior Secured Notes due 2025
300,000

 
—

Term Loan
—

 
60,361

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
415,000

 
400,420

Less: unamortized discount and deferred financing costs
(30,188
)
 
(30,024
)
Total debt, net of unamortized discount and deferred financing costs
384,812

 
370,396

Less: current maturities
—

 
(20,286
)
Long-term debt, net of current maturities
$
384,812

 
$
350,110
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
2018
 
$
—

2019
 
—

2020
 
—

2021
 
115,000

2022
 
—

Thereafter
 
300,000

Total
 
$
415,000
Schedule Of Applicable Margin For Debt Instrument
The applicable margins for the ABL Credit Facility and advances under the ABL Revolver are as specified below:
Level
 
Arithmetic Mean of Daily Availability (as a percentage of the borrowing base)
 
Applicable Margin for
LIBOR Loans and Base Rate Loans Subject to LIBOR Daily Floating Rate
 
Applicable Margin for
Base Rate Loans Subject to the Prime Rate
1
 
>50%
 
1.75%
 
0.75%
2
 
>30% but ≤50%
 
2.00%
 
1.00%
3
 
≤30%
 
2.25%
 
1.25%