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Debt (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Summary of Balances for Long-term Debt and Finance Lease Obligations

Our balances for long-term debt and finance lease obligations are as follows (in thousands):

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Revolving credit facility

 

$

513,180

 

 

$

519,000

 

Finance lease obligations

 

 

20,007

 

 

 

22,630

 

Total debt and finance lease obligations

 

 

533,187

 

 

 

541,630

 

Current portion

 

 

2,631

 

 

 

2,471

 

Noncurrent portion

 

 

530,556

 

 

 

539,159

 

Deferred financing costs, net

 

 

3,257

 

 

 

4,300

 

Noncurrent portion, net of deferred financing costs

 

$

527,299

 

 

$

534,859

 

Schedule of Debt and Future Minimum Lease Payments on Finance Lease Obligations

As of December 31, 2020, future principal payments on debt and future minimum rental payments on finance lease obligations were as follows (in thousands):

 

 

 

Debt

 

 

Finance Lease Obligations

 

 

Total

 

2021

 

$

 

 

$

3,245

 

 

$

3,245

 

2022

 

 

 

 

 

3,345

 

 

 

3,345

 

2023

 

 

 

 

 

3,446

 

 

 

3,446

 

2024

 

 

513,180

 

 

 

3,548

 

 

 

516,728

 

2025

 

 

 

 

 

3,652

 

 

 

3,652

 

Thereafter

 

 

 

 

 

5,019

 

 

 

5,019

 

Total future payments

 

 

513,180

 

 

 

22,255

 

 

 

535,435

 

Less interest component

 

 

 

 

 

2,248

 

 

 

2,248

 

 

 

 

513,180

 

 

 

20,007

 

 

 

533,187

 

Current portion

 

 

 

 

 

2,631

 

 

 

2,631

 

Long-term portion

 

$

513,180

 

 

$

17,376

 

 

$

530,556