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DEBT (Tables)

6 Months Ended

Jun. 30, 2018

DEBT

Schedule of components of Long-term debt

		June 30,			December 31,
		2018			2017
Principal amount		$	460,000		$	519,083
PIK interest			—			5,341
Less:  Unamortized debt financing costs			(16,063)			(9,032)
Less: Current portion			(45,000)			(24,497)
Long-term debt, net		$	398,937		$	490,895

Schedule of long-term debt

		June 30, 2018						December 31, 2017
					Unamortized						Unamortized
					Debt Financing						Debt Financing
		Principal			Cost			Principal			Cost
$460 Million Credit Facility		$	460,000		$	16,063		$	—		$	—
$400 Million Credit Facility			—			—			399,600			6,332
$98 Million Credit Facility			—			—			93,939			1,370
2014 Term Loan Facilities			—			—			25,544			1,330
PIK interest			—			—			5,341			—
Total debt		$	460,000		$	16,063		$	524,424		$	9,032

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

		For the Three Months Ended				For the Six Months Ended
		June 30,				June 30,
		2018		2017		2018			2017
Effective Interest Rate		6.25	%	5.27	%	6.04	%		5.14	%
Range of Interest Rates (excluding unused commitment fees)		4.06 % to 8.43	%	3.50 % to 7.42	%	3.83 % to 8.43	%		3.36 % to 7.42	%

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- 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.

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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.

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