Quarterly report pursuant to Section 13 or 15(d)

LONG-TERM DEBT (Tables)

v3.20.2
LONG-TERM DEBT (Tables)
9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Schedule of long-term debt instruments
The Company’s long-term debt consists of the following:

(in thousands) September 30, 2020 December 31, 2019
Revolving Credit Facility $ 571,000  $ 580,000 
Second Lien Notes due 2023 287,755  417,733 
Unsecured VEN Bakken Note 130,000  130,000 
Total principal 988,755  1,127,733 
Unamortized debt discounts and premiums 2,276  4,860 
Unamortized debt issuance costs(1)
(7,704) (14,432)
Total debt 983,327  1,118,161 
Less current portion of long-term debt (65,000) — 
Total long-term debt $ 918,327  $ 1,118,161 
________________
(1)Debt issuance costs related to the Company’s revolving credit facility of $6.9 million and $9.8 million as of September 30, 2020 and December 31, 2019, respectively, are recorded in “Other Noncurrent Assets, Net” on the balance sheets. During the three and nine month periods ended September 30, 2020, the Company recorded a $1.5 million write-off of debt issuance costs as a result of the reduction in the borrowing base under the Revolving Credit Facility.