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Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Long-term Debt

At December 31, 2019 and 2018, respectively, long-term debt was as follows:

 

(dollars in thousands)

 

2019

 

 

2018

 

Principal

 

$

105,000

 

 

$

105,000

 

Unamortized debt issuance costs

 

$

951

 

 

$

1,292

 

 

Schedule of Interest and Amortization Expense

The following table presents interest and amortization expense the Company incurred for the year ended December 31, 2019 and 2018:

 

 

 

For the Year Ended

December 31,

 

(dollars in thousands)

 

2019

 

 

2018

 

Interest Expense:

 

 

 

 

 

 

 

 

Interest

 

$

6,649

 

 

$

3,552

 

Amortization

 

 

342

 

 

 

162