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DEBT (Tables)

12 Months Ended

Dec. 31, 2017

Line of Credit Facility

Schedule of components of Long-term debt

		December 31,			December 31,
		2017			2016
Principal amount		$	519,083		$	523,577
PIK interest			5,341			800
Less:  Unamortized debt financing costs			(9,032)			(11,357)
Less: Current portion			(24,497)			(4,576)
Long-term debt, net		$	490,895		$	508,444

Schedule of long-term debt

		December 31, 2017						December 31, 2016
					Unamortized						Unamortized
					Debt Financing						Debt Financing
		Principal			Cost			Principal			Cost
$400 Million Credit Facility		$	399,600		$	6,332		$	400,000		$	7,967
$98 Million Credit Facility			93,939			1,370			95,271			1,868
2014 Term Loan Facilities			25,544			1,330			28,306			1,522
PIK interest			5,341			—			800			—
Total debt		$	524,424		$	9,032		$	524,377		$	11,357

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

		For the Year Ended December 31,
		2017		2016		2015
Effective Interest Rate		5.29	%	4.50	%	3.65	%
Range of Interest Rates (excluding unused commitment fees)		3.36 % to 7.82	%	2.69 % to 7.12	%	2.69 % to 6.73	%

$400 Million Credit Facility

Line of Credit Facility

Scheduled repayment of outstanding debt

Year Ending December 31,		Total
2018		$	11,734
2019			28,908
2020			28,908
2021			335,391
Total debt		$	404,941

$98 Million Credit Facility

Line of Credit Facility

Scheduled repayment of outstanding debt

Year Ending December 31,		Total
2018		$	10,000
2019			10,000
2020			73,939
Total debt		$	93,939

2014 Term Loan Facilities

Line of Credit Facility

Scheduled repayment of outstanding debt

Year Ending December 31,		Total
2018		$	2,763
2019			2,763
2020			2,763
2021			2,763
2022			2,763
Thereafter			11,729
Total debt		$	25,544

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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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.

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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.

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- Definition

Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

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