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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Summary of Long-Term Debt

Long-term debt is comprised of the following:

 

     December 31,      December 31,  
     2014      2015  

Term loan

   $ 97,693,750       $ 89,000,000   

Revolving credit facility

     —           —     

Capital lease obligations

     —           750,216   
  

 

 

    

 

 

 
     97,693,750         89,750,216   

Less unamortized debt issuance costs

     (1,555,992      (1,804,390
  

 

 

    

 

 

 
     96,137,758         87,945,826   

Less current installments

     (3,112,500      (1,484,048
  

 

 

    

 

 

 
   $ 93,025,258       $ 86,461,778   
  

 

 

    

 

 

 
Scheduled Repayments of Credit Facility and Capital Lease Obligations

The aggregate scheduled principal repayments of the credit facility and capital lease obligations for the next five years are as follows:

 

2016

   $ 1,484,048   

2017

     5,192,706   

2018

     6,901,460   

2019

     7,472,814   

2020

     68,331,772   

Thereafter

     367,416   
  

 

 

 

Total

   $ 89,750,216