Long-Term Debt and Lines of Credit (Tables)
|
6 Months Ended |
Mar. 31, 2018 |
|---|
| 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 March 31, 2018 and September 30, 2017:
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March 31, 2018 |
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September 30, 2017 |
|
Principal |
|
Deferred Financing Costs, Net |
|
Principal |
|
Deferred Financing Costs, Net |
|
(in thousands) |
|
|
|
|
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|
|
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Long-term debt, net of current portion: |
|
|
|
|
|
|
|
Met Fixed-Rate Term Loans |
$ |
99,062 |
|
|
$ |
895 |
|
|
$ |
99,062 |
|
|
$ |
954 |
|
Met Variable-Rate Term Loans |
48,157 |
|
|
411 |
|
|
49,594 |
|
|
439 |
|
Met Citree Term Loan |
4,975 |
|
|
47 |
|
|
5,000 |
|
|
49 |
|
Pru Loans A & B |
17,997 |
|
|
249 |
|
|
23,030 |
|
|
258 |
|
Pru Loan E |
4,785 |
|
|
21 |
|
|
4,895 |
|
|
25 |
|
Pru Loan F |
4,785 |
|
|
41 |
|
|
4,895 |
|
|
42 |
|
|
179,761 |
|
|
1,664 |
|
|
186,476 |
|
|
1,767 |
|
Less current portion |
5,225 |
|
|
— |
|
|
4,550 |
|
|
— |
|
Long-term debt |
$ |
174,536 |
|
|
$ |
1,664 |
|
|
$ |
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 March 31, 2018 and September 30, 2017:
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|
|
|
|
|
|
March 31, 2018 |
|
September 30, 2017 |
|
Principal |
|
Deferred Financing Costs, Net |
|
Principal |
|
Deferred Financing Costs, Net |
|
(in thousands) |
|
|
|
|
|
|
|
|
Lines of Credit: |
|
|
|
|
|
|
|
RLOC |
$ |
— |
|
|
$ |
84 |
|
|
$ |
— |
|
|
$ |
109 |
|
WCLC |
— |
|
|
54 |
|
|
— |
|
|
153 |
|
Lines of Credit |
$ |
— |
|
|
$ |
138 |
|
|
$ |
— |
|
|
$ |
262 |
|
|
| Schedule of future maturities of debt and lines of credit |
Future maturities of long-term debt and lines of credit as of March 31, 2018 are as follows:
|
|
|
|
|
(in thousands) |
|
|
|
Due within one year |
$ |
5,225 |
|
Due between one and two years |
10,938 |
|
Due between two and three years |
10,975 |
|
Due between three and four years |
14,880 |
|
Due between four and five years |
10,755 |
|
Due beyond five years |
126,988 |
|
|
|
Total future maturities |
$ |
179,761 |
|
|
| Schedule of interest costs expensed and capitalized |
Interest costs expensed and capitalized were as follows:
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(in thousands) |
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Three Months Ended March 31, |
|
Six Months Ended March 31, |
|
2018 |
|
2017 |
|
2018 |
|
2017 |
Interest expense |
$ |
2,239 |
|
|
$ |
2,374 |
|
|
$ |
4,494 |
|
|
$ |
4,701 |
|
Interest capitalized |
147 |
|
|
64 |
|
|
281 |
|
|
127 |
|
Total |
$ |
2,386 |
|
|
$ |
2,438 |
|
|
$ |
4,775 |
|
|
$ |
4,828 |
|
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