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Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Summary of Long-Term Debt
Long-term debt is comprised of the following:
   
   
 
   
December 31,
2019
   
September 30,
2020
 
Credit facility—term loan facilit
y

  $239,000,000   $238,000,000 
Credit facility—revolving credit facilit
y

   11,000,000    20,000,000 
Promissory note
   13,500,000    7,750,000 
  
 
 
   
 
 
 
   263,500,000    265,750,000 
Less unamortized debt issuance costs
   (7,287,548   (5,628,288
  
 
 
   
 
 
 
   256,212,452    260,121,712 
Less current installments
   (7,500,000   (2,750,000
  
 
 
   
 
 
 
  $248,712,452   $257,371,712 
  
 
 
   
 
 
 
Scheduled Repayments of Credit Facility
The aggregate scheduled principal repayments of the credit facility and Amended Promissory Note for the remainder of 2020 and the next three years are as follows:
 
2020
  $2,250,000 
2021
   750,000 
2022
   21,250,000 
2023
   241,500,000 
  
 
 
 
Total
  $265,750,000