Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.19.1
Debt (Tables)
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
debt comprised the following:  
 
Commencement Date
Maturity Date
Acceleration Clause(2)
 
 
 
 
 
Rate as of March 31, 2019
March 31, 2019
 
December 31, 2018
Senior secured credit facility, interest at varying rates monthly in arrears
June 2015
June 2020
NA
4.85
%
$
52,972

 
$
43,074

Variable rate term loan payable in semi-annual installments
January 2006
February 2021
Yes
4.85
%
936

 
936

Variable rate term loan payable in semi-annual installments
January 2006
June 2024
Yes
4.60
%
7,426

 
7,426

Term loan payable in quarterly installments
March 2011
March 2021
Yes
7.25
%
1,464

 
1,464

Term loan payable in monthly installments
October 2011
June 2028
NA
6.11
%
3,886

 
3,843

Variable rate term loan payable in quarterly installments
October 2012
June 2020
NA
6.10
%
30,180

 
30,674

Variable rate term loan payable in quarterly installments
September 2015
March 2023
NA
5.10
%
17,227

 
17,208

Term loan payable in quarterly installments
August 2016
July 2031
NA
4.95
%
3,939

 
3,925

Term loan payable in quarterly installments
March 2017
March 2028
NA
5.00
%
3,839

 
3,945

Term loan payable in monthly installments(3)
April 2017
April 2027
NA
4.50
%
22,081

 
22,081

Term loan payable in quarterly installments
April 2017
February 2034
NA
5.61
%
2,791

 
2,735

Variable rate term loan payable in quarterly installments
June 2017
December 2027
NA
5.05
%
12,917

 
12,915

Variable rate term loan payable in quarterly installments
February 2018
August 2022
Yes
10.10
%
18,042

 
21,475

Term loan payable in quarterly installments
June 2018
December 2038
Yes
5.15
%
30,138

 
30,069

Variable rate term loan payable in semi-annual installments
June 2018
June 2033
Yes
4.65
%
9,670

 
9,668

Variable rate term loan payable in monthly/quarterly installments
October 2018
October 2029
Yes
4.995
%
9,077

 
9,072

Financing leases(1)
 
 
 
 
33,337

 
33,363

 
 
 
 
 
$
259,922

 
$
253,873

Less - current maturities
 
 
 
 
55,731

 
26,890

Less - deferred financing fees
 
 
 
 
7,177

 
7,821

Long-term debt and financing lease liabilities
 
 
 
 
$
197,014

 
$
219,162


(1)Financing leases do not include approximately $25,321 in future interest payments
(2)These agreements have acceleration causes that, in the event of default, as defined, the payee has the option to accelerate payment terms and make due the remaining principal and the required interest balance according to the agreement
(3)As of March 31, 2019, this construction loan has an additional $2,742 commitment that could be drawn upon