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Long-Term Debt (Tables) | 6 Months Ended
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Jun. 30, 2020
Debt Disclosure [Abstract] |
Long-term Debt | Our syndicated Credit Agreement includes a $75 million, five-year undrawn revolving credit facility, as well as the following outstanding term loans:
(in thousands) | June 30, 2020 |  | December 31, 2019
Term loan A-1 | $ | 244,004 |  |  | $ | 258,571 |
Term loan A-2 | 470,975 |  |  | 473,469 |
| 714,979 |  |  | 732,040 |
Less: unamortized loan fees | 10,689 |  |  | 11,926 |
Total debt, net of unamortized loan fees | $ | 704,290 |  |  | $ | 720,114 |
Financial Covenants in Credit Agreements | As shown below, as of June 30, 2020, the Company was in compliance with the financial covenants in its credit agreements.
| Actual |  | Covenant Requirement
Total leverage ratio | 2.3 |  |  | 3.25 | or Lower
Debt service coverage ratio | 5.7 |  |  | 2.00 | or Higher
Minimum liquidity balance (in millions) | $ | 218.5 |  |  | $25.0 | or Higher

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