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LONG-TERM DEBT AND COMMON STOCK WARRANT LIABILITY (Tables) | 12 Months Ended
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Dec. 31, 2019
Debt Disclosure [Abstract] |
Debt Instrument Redemption | The Company may redeem all or a part of the Notes plus the premium as set forth below, plus accrued and applicable unpaid interest:
Redemption Periods |  | Percentage Premium
On February 2, 2019 to February 1, 2020 |  | 2.0 | %
On February 2, 2020 to February 1, 2021 |  | 1.5 | %
On February 2, 2021 to February 1, 2022 |  | 0.5 | %
On or after February 2, 2022 |  | — | %
Schedule of Long-Term Debt, Related Discounts and Issuance Costs | Long-term debt, related discounts and issuance costs consisted of the following:
(In Thousands) |  | December 31,
|  | 2019 |  | 2018
Senior Secured Notes |  | $ | 107,925 |  | $ | 99,000
Less: Unamortized discounts and debt issuance costs |  |  | (3,902) |  |  | (3,806)
|  |  | 104,023 |  |  | 95,194
Less: Current portion of long-term debt |  |  | (1,100) |  |  | (1,000)
|  | $ | 102,923 |  | $ | 94,194
The Company is allowed to deduct up to $15 million of its cash and equivalents (beyond estimated cash utilized in daily operations) in calculating the numerator of such ratio.
|  | Maximum
|  | Total Leverage
Four Fiscal Quarters Ending |  | Ratio
December 31, 2019 |  | 6.00 to 1.00
March 31, 2020 |  | 6.00 to 1.00
June 30, 2020 |  | 5.75 to 1.00
September 30, 2020 |  | 5.75 to 1.00
December 31, 2020 |  | 5.50 to 1.00
March 31, 2021 |  | 5.50 to 1.00
June 30, 2021 |  | 5.25 to 1.00
September 30, 2021 |  | 5.25 to 1.00
December 31, 2021 |  | 5.00 to 1.00
March 31, 2022 |  | 4.75 to 1.00
June 30, 2022 |  | 4.75 to 1.00
September 30, 2022 |  | 4.75 to 1.00
December 31, 2022 |  | 4.75 to 1.00
March 31, 2023 and the last day of each fiscal quarter thereafter |  | 4.50 to 1.00
Schedule of Maturities of Long-term Debt [Table Text Block] | Future maturities under the Notes is as follows:
(In Thousands) |  |  |
For Years ending December 31, |  | Senior Secured Notes
2020 |  | $ | 1,100
2021 |  |  | 1,100
2022 |  |  | 1,100
2023 |  |  | 1,100
2024 |  |  | 103,525
|  | $ | 107,925

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- Definition Tabular disclosure of debt instruments or arrangements with redemption features. Includes, but is not limited to, description of debt redemption features, percentage price at which debt can be redeemed by the issuer, and period start and end for debt maturity or redemption. + References No definition available. + Details
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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + 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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