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Debt | 6 Months Ended
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Jun. 30, 2019
Debt Disclosure [Abstract] |
Debt | Debt The current portion of long-term debt consists of the following:
| June 30, 2019 |  | December 31, 2018
Credit Facility | $ | 38,255 |  |  | $ | — |
Finance leases | 137 |  |  | 90 |
Notes payable | 1,846 |  |  | 739 |
Total current portion of long-term debt | $ | 40,238 |  |  | $ | 829 |
Long-term debt, net of current portion consists of the following:
| June 30, 2019 |  | December 31, 2018
Credit Facility | $ | — |  |  | $ | 44,255 |
Finance leases | 498 |  |  | 547 |
Notes payable | 5,898 |  |  | 3,091 |
Total long-term debt, net of current portion | $ | 6,396 |  |  | $ | 47,893 |
Credit Facility On February 22, 2019, we entered into an agreement with the existing lenders on the Credit Facility to, among other things, (i) extend the maturity date of the Credit Facility to June 30, 2020 and (ii) reduce the total capacity to $50,000 by December 31, 2019. The outstanding balance on the Credit Facility is included in long-term liabilities on our consolidated balance sheet at December 31, 2018. As of June 30, 2019 and December 31, 2018, $39,000 and $44,500, respectively, were outstanding under the Credit Facility and the Company was in compliance with all covenants. As of June 30, 2019, the total borrowing capacity is $55,000 with undrawn availability at $16,000. The Credit Facility matures on June 30, 2020 and as such, the Company has included the balance in the current portion of long-term debt as of June 30, 2019. The Company is currently pursuing plans to refinance the Credit Facility and extend the current obligations beyond one year. As of June 30, 2019 and December 31, 2018, gross deferred financing fees of $1,558 and $728 are presented as a discount to the carrying value of the debt and the unamortized amount is presented as a reduction of current portion of long term debt as of June 30, 2019 and long-term debt, net of current portion, as of December 31, 2018 on the consolidated balance sheets. Certain deferred financing costs incurred when there was no balance on the Credit Facility are included in Other assets line item on the consolidated balance sheet. Accretion of debt discount of $186 and $60 is included in interest expense for the three months ended June 30, 2019 and 2018, respectively. Accretion of debt discount of $331 and $116 is included in interest expense for the six months ended June 30, 2019 and 2018, respectively. Amortization expense of the deferred financing charges of $55 and $78 is included in interest expense for the three months ended June 30, 2019 and 2018, respectively. Amortization expense of the deferred financing charges of $117 and $138 is included in interest expense for the six months ended June 30, 2019 and 2018, respectively.
| June 30, 2019 |  | December 31, 2018
Revolving credit facility | $ | 39,000 |  |  | $ | 44,500 |
Less: Debt discount, net | (745 | ) |  | (245 | )
Revolving credit facility, net | $ | 38,255 |  |  | $ | 44,255 |

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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