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LONG-TERM DEBT - (Tables)
6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt

Long-term debt, excluding amounts outstanding on the revolving credit facility, as of June 30, 2019 and December 31, 2018 consisted of the following:
(in thousands)
June 30, 2019
 
December 31, 2018
Term Loan - Senior, matures January 3, 2023 and bears interest at LIBOR plus 5.0% at June 30, 2019 and December 31, 2018 (rate of 7.41% at June 30, 2019 and 7.53% at December 31, 2018)
$
390,840

 
$
322,666

Term Loan - Subordinated, matures July 3, 2023 and bears interest at 5.0% plus payment-in-kind interest (rate of 10.5% at June 30, 2019 and December 31, 2018)
92,495

 
90,016

Total
483,335

 
412,682

Less: current portion of long-term debt
(4,007
)
 
(3,293
)
Less: unamortized debt discounts
(3,263
)
 
(3,300
)
Less: deferred financing costs
(3,562
)
 
(3,994
)
Total long-term debt
$
472,503

 
$
402,095


Schedule of Maturities of Long-Term Debt rincipal payments for long-term debt, excluding amounts outstanding on the revolving credit agreement, due after June 30, 2019 are as follows:

(in thousands)
 
 
Twelve-month period ending June 30,
 
Principal Due
 
 
 
2020
 
$
4,007

2021
 
4,007

2022
 
4,007

2023
 
378,819

2024
 
92,495

Total
 
$
483,335