Quarterly report pursuant to Section 13 or 15(d)

Debt and Financing Lease Liabilities (Tables)

v3.23.1
Debt and Financing Lease Liabilities (Tables)
 3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments Our debt and financing lease liabilities are comprised of the following:
March 31, 2023 December 31, 2022
Senior secured revolving credit facility (1)
$ 182,900  $ 182,900 
Senior secured term loans 295,000  295,000 
Non-recourse construction revolvers (4)
47,090  45,391 
Non-recourse term loans (4)
296,880  255,403 
Non-recourse long-term financing facilities (2)
121,455  120,923 
Non-recourse financing lease liabilities (3)
16,031  16,060 
Acquired debt (5)
3,951  — 
Total debt and financing lease liabilities 963,307  915,677 
Less: current maturities 313,459  331,479 
Less: unamortized discount and debt issuance costs 18,172  15,563 
Long-term debt and financing lease liabilities, net of current portion, unamortized discount and debt issuance costs $ 631,676  $ 568,635 
(1) At March 31, 2023, funds of $4,345 were available for borrowing under this facility.
(2) These facilities are accounted for as failed sale leasebacks and are classified as long-term financing facilities. See Note 7 for additional disclosures.
(3) Financing lease liabilities are sale-leaseback arrangements under previous guidance. See Note 7 for additional disclosures.
(4) Most of these agreements are now using the Secured Overnight Financing Rate (“SOFR”) as the primary reference rate used to calculate interest.
(5) Debt acquired in connection with the acquisition of Enerqos. See Note 4 for additional information.