Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt and Lines of Credit (Tables)

v3.24.0.1
Long-Term Debt and Lines of Credit (Tables)
 3 Months Ended
Dec. 31, 2023
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, 2023 and September 30, 2023:
(in thousands) December 31, 2023 September 30, 2023
Long-term debt, net of current portion:
Met Fixed-Rate Term Loans $ 70,000  $ 70,000 
Met Variable-Rate Term Loans —  19,094 
Met Citree Term Loan 3,888  3,888 
Pru Loans A & B 11,327  11,615 
Deferred financing fees (506) (621)
84,709  103,976 
Less current portion 1,410  2,566 
Long-term debt $ 83,299  $ 101,410 
Schedule of lines of credit
The following table summarizes lines of credit and related deferred financing costs, net of accumulated amortization at December 31, 2023 and September 30, 2023:
(in thousands) December 31, 2023 September 30, 2023
Lines of Credit:
RLOC $ —  $ — 
WCLC —  24,722 
Deferred financing fees (91) (95)
Lines of Credit $ (91) $ 24,627 
Schedule of future maturities of debt and lines of credit
Future maturities of long-term debt and lines of credit as of December 31, 2023 are as follows:
(in thousands) December 31, 2023
Due within one year $ 1,410 
Due between one and two years 1,410 
Due between two and three years 1,410 
Due between three and four years 1,410 
Due between four and five years 1,410 
Due beyond five years 78,165 
Total future maturities $ 85,215 
Schedule of interest costs expensed and capitalized
Interest costs expensed and capitalized were as follows:
(in thousands) Three Months Ended
December 31,
2023 2022
Interest expense $ 1,605  $ 1,148 
Interest capitalized 303  281 
Total $ 1,908  $ 1,429