Annual report pursuant to Section 13 and 15(d)

LONG-TERM DEBT AND LONG-TERM OBLIGATIONS (Tables)

v3.20.1
LONG-TERM DEBT AND LONG-TERM OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Principal Payments of Long-term Debt
Principal payments of long-term debt for the next five years and thereafter ending December 31 are as follows:

Year Ending December 31,
Debt
 
(thousands of dollars)
2020
$
4,375

2021
4,375

2022
4,375

2023
70,813

Total
$
83,938

Long-term Debt and Long-term Obligations
Long-term debt and long-term obligations at December 31 are summarized as follows:
 
 
 
 
2019

 
2018

 
(thousands of dollars)
Revolving facility
$
3,000

 
$
18,000

Term loan facility
80,938

 
85,312

Loan fees
(649
)
 
(830
)
 
 
 
 
Total long-term debt
83,289

 
102,482

 
 
 
 
Less current portion including loan fees
4,194

 
4,194

 
 
 
 
Total long-term debt, less current portion including loan fees
$
79,095

 
$
98,288