Annual report pursuant to Section 13 and 15(d)

Long-Term Debt and Lines of Credit (Tables)

v3.10.0.1
Long-Term Debt and Lines of Credit (Tables)
 12 Months Ended
Sep. 30, 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 September 30, 2018 and September 30, 2017:
 
September 30, 2018
 
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
$
95,938

 
$
836

 
$
99,062

 
$
954

Met Variable-Rate Term Loans
46,719

 
385

 
49,594

 
439

Met Citree Term Loan
4,925

 
44

 
5,000

 
49

Pru Loans A & B
17,417

 
241

 
23,030

 
258

Pru Loan E
4,675

 
17

 
4,895

 
25

Pru Loan F
4,675

 
40

 
4,895

 
42

 
174,349

 
1,563

 
186,476

 
1,767

Less current portion
5,275

 
—

 
4,550

 
—

Long-term debt
$
169,074

 
$
1,563

 
$
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 September 30, 2018 and September 30, 2017:

 
September 30, 2018
 
September 30, 2017
 
Principal
 
Deferred Financing Costs, Net
 
Principal
 
Deferred Financing Costs, Net
 
(in thousands)
Lines of Credit:
 
 
 
 
 
 
 
RLOC
$
—

 
$
58

 
$
—

 
$
109

WCLC
2,685

 
78

 
—

 
153

Lines of Credit
$
2,685

 
$
136

 
$
—

 
$
262

Schedule of future maturities of debt and lines of credit
Future maturities of long-term debt and line of credit as of September 30, 2018 are as follows:
(in thousands)
 
 
 
Due within one year
$
5,275

Due between one and two years
10,963

Due between two and three years
14,990

Due between three and four years
13,440

Due between four and five years
10,755

Due beyond five years
121,611

Total future maturities
$
177,034

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

(in thousands)
 
 
 
 
 
 
Fiscal Year Ended September 30,
 
2018
 
2017
 
2016
Interest expense
$
8,561

 
$
9,141

 
$
9,893

Interest capitalized
933

 
294

 
172

Total
$
9,494

 
$
9,435

 
$
10,065