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v3.19.3.a.u2

DEBT (Tables) | 12 Months Ended
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Dec. 31, 2019
Line of Credit Facility |
Schedule of components of Long-term debt |
|  | December 31, |  | December 31, |
|  | 2019 |  | 2018 |
Principal amount |  | $ | 495,824 |  | $ | 551,420 |
Less: Unamortized debt financing costs |  |  | (13,094) |  |  | (16,272) |
Less: Current portion |  |  | (69,747) |  |  | (66,320) |
Long-term debt, net |  | $ | 412,983 |  | $ | 468,828 |
Schedule of long-term debt |
|  | December 31, 2019 |  | December 31, 2018 |
|  |  |  |  | Unamortized |  |  |  |  | Unamortized |
|  |  |  |  | Debt Issuance |  |  |  |  | Debt Issuance |
|  | Principal |  | Cost |  | Principal |  | Cost |
$495 Million Credit Facility |  | $ | 395,724 |  | $ | 11,642 |  | $ | 445,000 |  | $ | 14,423 |
$108 Million Credit Facility |  |  | 100,100 |  |  | 1,452 |  |  | 106,420 |  |  | 1,849 |
Total debt |  | $ | 495,824 |  | $ | 13,094 |  | $ | 551,420 |  | $ | 16,272 |
Schedule of effective interest rate and the range of interest rates on the debt |
|  | For the Years Ended December 31, |
|  | 2019 |  | 2018 |  | 2017 |  |
Effective Interest Rate |  | 5.31 | % | 5.71 | % | 5.29 | % |
Range of Interest Rates (excluding unused commitment fees) |  | 4.05 % to 5.76 | % | 3.83 % to 8.43 | % | 3.36 % to 7.82 | % |
Secured Debt | $108 Million Credit Facility |
Line of Credit Facility |
Scheduled repayment of outstanding debt |
Year Ending December 31, |  | Total |
2020 |  | $ | 6,320 |
2021 |  |  | 6,320 |
2022 |  |  | 6,320 |
2023 |  |  | 81,140 |
Total debt |  | $ | 100,100 |
Secured Debt | $495 Million Credit Facility |
Line of Credit Facility |
Scheduled repayment of outstanding debt |
Year Ending December 31, |  | Total |
2020 |  | $ | 63,427 |
2021 |  |  | 63,427 |
2022 |  |  | 63,427 |
2023 |  |  | 205,443 |
Total debt |  | $ | 395,724 |

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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. + References No definition available. + Details
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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 No definition available. + Details
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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://fasb.org/us-gaap/role/ref/legacyRef -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 + Details
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