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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Summary of Long-Term Debt
Long-term debt is comprised of the following:
 
   
December 31,
2019
   
March 31,
2020
 
Credit facility - term loan
 facility
  $239,000,000   $238,000,000 
Credit facility - revolving credit facility
   11,000,000    18,500,000 
Promissory note
   13,500,000    10,500,000 
  
 
 
   
 
 
 
   263,500,000    267,000,000 
Less unamortized debt issuance costs
   (7,287,548   (6,803,565
  
 
 
   
 
 
 
   256,212,452    260,196,435 
Less current installments
   (7,500,000   (2,750,000
  
 
 
   
 
 
 
  $248,712,452   $257,446,435 
  
 
 
   
 
 
 
Scheduled Repayments of Credit Facility
The aggregate scheduled principal repayments of the credit facility for the remainder of 2020 and the next three years are as follows:
 
2020
  $ 
2021
    
2022
   18,500,000 
2023
   238,000,000 
  
 
 
 
Total
  $256,500,000