Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt and Lines of Credit - (Tables)

v3.6.0.2
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:

 
December 31, 2016
 
September 30, 2016
 
Principal
 
Deferred Financing Costs, Net
 
Principal
 
Deferred Financing Costs, Net
 
(in thousands)
 
 
 
 
 
 
 
 
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:

 
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:
(in thousands)
 
 
 
 
Three Months Ended December 31,
 
2016
 
2015
Interest expense
$
2,327

 
$
2,503

Interest capitalized
63

 
43

Total
$
2,390

 
$
2,546