Long-Term Debt and Lines of Credit - (Tables)
|
3 Months Ended |
Dec. 31, 2016 |
|---|
| Debt Disclosure [Abstract] |
|
| Schedule of long-term debt, net of current portion |
The following table summarizes long-term debt and related deferred financing costs net of accumulated amortization at December 31, 2016 and September 30, 2016:
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December 31, 2016 |
|
September 30, 2016 |
|
Principal |
|
Deferred Financing Costs, Net |
|
Principal |
|
Deferred Financing Costs, Net |
|
(in thousands) |
|
|
|
|
|
|
|
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Long-term debt, net of current portion: |
|
|
|
|
|
|
|
Met Fixed-Rate Term Loans |
$ |
103,750 |
|
|
$ |
1,048 |
|
|
$ |
105,312 |
|
|
$ |
1,080 |
|
Met Variable-Rate Term Loans |
51,750 |
|
|
482 |
|
|
52,469 |
|
|
497 |
|
Met Citree Term Loan |
5,000 |
|
|
52 |
|
|
5,000 |
|
|
53 |
|
Pru Loans A & B |
23,900 |
|
|
270 |
|
|
24,190 |
|
|
274 |
|
Pru Loan E |
5,060 |
|
|
31 |
|
|
5,115 |
|
|
32 |
|
Pru Loan F |
5,060 |
|
|
44 |
|
|
5,115 |
|
|
44 |
|
John Deere equipment loan |
— |
|
|
— |
|
|
18 |
|
|
— |
|
|
194,520 |
|
|
1,927 |
|
|
197,219 |
|
|
1,980 |
|
Less current portion |
4,475 |
|
|
— |
|
|
4,493 |
|
|
— |
|
Long-term debt |
$ |
190,045 |
|
|
$ |
1,927 |
|
|
$ |
192,726 |
|
|
$ |
1,980 |
|
|
| Schedule of lines of credit |
The following table summarizes lines of credit and related deferred financing costs net of accumulated amortization at December 31, 2016 and September 30, 2016:
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|
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|
|
|
|
|
|
|
|
|
|
|
December 31, 2016 |
|
September 30, 2016 |
|
Principal |
|
Deferred Financing Costs, Net |
|
Principal |
|
Deferred Financing Costs, Net |
|
(in thousands) |
|
|
|
|
|
|
|
|
Lines of Credit: |
|
|
|
|
|
|
|
RLOC |
$ |
— |
|
|
$ |
146 |
|
|
$ |
5,000 |
|
|
$ |
159 |
|
WCLC |
21,945 |
|
|
180 |
|
|
— |
|
|
230 |
|
Lines of Credit |
$ |
21,945 |
|
|
$ |
326 |
|
|
$ |
5,000 |
|
|
$ |
389 |
|
|
| Schedule of future maturities of debt and lines of credit |
Future maturities of debt and lines of credit as of December 31, 2016 are as follows:
|
|
|
|
|
(in thousands) |
|
|
|
Due within one year |
$ |
4,475 |
|
Due between one and two years |
30,270 |
|
Due between two and three years |
10,925 |
|
Due between three and four years |
10,975 |
|
Due between four and five years |
10,975 |
|
Due beyond five years |
148,845 |
|
|
|
Total future maturities |
$ |
216,465 |
|
|
| Schedule of interest costs expensed and capitalized |
Interest costs expensed and capitalized were as follows:
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|
|
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(in thousands) |
|
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Three Months Ended December 31, |
|
2016 |
|
2015 |
Interest expense |
$ |
2,327 |
|
|
$ |
2,503 |
|
Interest capitalized |
63 |
|
|
43 |
|
Total |
$ |
2,390 |
|
|
$ |
2,546 |
|
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