Quarterly report pursuant to Section 13 or 15(d)

Debt and Financing Lease Liabilities (Tables)

v3.22.1
Debt and Financing Lease Liabilities (Tables)
 3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments Our debt and financing lease liabilities comprised of the following:
March 31, 2022 December 31, 2021
Senior secured revolving credit facility (1)
$ 121,000  $ 45,000 
Senior secured term loans 275,000  52,813 
Non-recourse construction revolvers 31,910  31,698 
Non-recourse term loans (4)
205,329  218,136 
Long-term financing facilities (2)
104,417  104,615 
Financing lease liabilities (3)
19,199  19,226 
Total debt and financing lease liabilities 756,855  471,488 
Less: current maturities 80,191  78,934 
Less: unamortized discount and debt issuance costs 16,969  15,370 
Long-term debt and financing lease liabilities, net of current portion, unamortized discount and debt issuance costs $ 659,695  $ 377,184 
(1) At March 31, 2022, funds of $47,341 were available for borrowing under this facility.
(2) These facilities are sale-leaseback arrangements and are accounted for as failed sales. See Note 6 for additional disclosures.
(3) Financing lease liabilities are sale-leaseback arrangements under previous guidance. See Note 6 for additional disclosures.
(4) As of March 31, 2021, we were in default on one non-recourse term loan with a balance of $3,809 for failure to meet the debt service coverage ratio of 1 to 1, however, a waiver was received in April 2022.