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DEBT (Tables)

3 Months Ended

Mar. 31, 2017

DEBT

Schedule of components of Long-term debt

		March 31,			December 31,
		2017			2016
Principal amount		$	522,796		$	523,577
PIK interest			2,303			800
Less:  Unamortized debt issuance costs			(10,784)			(11,357)
Less: Current portion			(7,076)			(4,576)
Long-term debt		$	507,239		$	508,444

Schedule of long-term debt

		March 31, 2017						December 31, 2016
					Unamortized						Unamortized
					Debt Issuance						Debt Issuance
		Principal			Cost			Principal			Cost
$400 Million Credit Facility		$	399,900		$	7,564		$	400,000		$	7,967
$98 Million Credit Facility			95,271			1,745			95,271			1,868
2014 Term Loan Facilities			27,625			1,475			28,306			1,522
PIK interest			2,303			—			800			—
Total debt		$	525,099		$	10,784		$	524,377		$	11,357

Schedule of effective interest rate and the range of interest rates on the debt

	For the Three Months
	Ended March 31,
	2017			2016
Effective Interest Rate	5.01	%		4.35	%
Range of Interest Rates (excluding unused commitment fees)	3.36 % to 7.27	%		2.69 % to 6.73	%

X

- Definition

Tabular disclosure of effective interest rate associated with the interest expense for the entity's debt facilities, including the cost associated with unused commitment fees. Additionally, it includes the range of interest rates on the debt, excluding the impact of unused commitment fees.

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- Definition

Tabular disclosure of long-term debt less short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) as of the balance sheet date.

+ References

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

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