Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt and Lines of Credit (Tables)

v3.8.0.1
Long-Term Debt and Lines of Credit (Tables)
 3 Months Ended
Dec. 31, 2017
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, 2017 and September 30, 2017:

 
December 31, 2017
 
September 30, 2017
 
Principal
 
Deferred Financing Costs, Net
 
Principal
 
Deferred Financing Costs, Net
 
(in thousands)
 
 
 
 
 
 
 
 
Long-term debt, net of current portion:
 
 
 
 
 
 
 
Met Fixed-Rate Term Loans
$
99,062

 
$
924

 
$
99,062

 
$
954

Met Variable-Rate Term Loans
48,876

 
425

 
49,594

 
439

Met Citree Term Loan
5,000

 
48

 
5,000

 
49

Pru Loans A & B
22,740

 
253

 
23,030

 
258

Pru Loan E
4,840

 
23

 
4,895

 
25

Pru Loan F
4,840

 
42

 
4,895

 
42

 
185,358

 
1,715

 
186,476

 
1,767

Less current portion
4,575

 
—

 
4,550

 
—

Long-term debt
$
180,783

 
$
1,715

 
$
181,926

 
$
1,767

Schedule of lines of credit
The following table summarizes lines of credit and related deferred financing costs net of accumulated amortization at December 31, 2017 and September 30, 2017:

 
December 31, 2017
 
September 30, 2017
 
Principal
 
Deferred Financing Costs, Net
 
Principal
 
Deferred Financing Costs, Net
 
(in thousands)
 
 
 
 
 
 
 
 
Lines of Credit:
 
 
 
 
 
 
 
RLOC
$
—

 
$
96

 
$
—

 
$
109

WCLC
7,123

 
104

 
—

 
153

Lines of Credit
$
7,123

 
$
200

 
$
—

 
$
262

Schedule of future maturities of debt and lines of credit
Future maturities of long-term debt and lines of credit as of December 31, 2017 are as follows:
(in thousands)
 
 
 
Due within one year
$
4,575

Due between one and two years
15,548

Due between two and three years
10,975

Due between three and four years
14,935

Due between four and five years
10,755

Due beyond five years
135,693

 
 
Total future maturities
$
192,481

Schedule of interest costs expensed and capitalized
Interest costs expensed and capitalized were as follows:

(in thousands)
 
 
 
 
Three Months Ended December 31,
 
2017
 
2016
Interest expense
$
2,255

 
$
2,327

Interest capitalized
134

 
63

Total
$
2,389

 
$
2,390