Annual report pursuant to Section 13 and 15(d)

Long-Term Debt and Lines of Credit (Tables)

v3.24.3
Long-Term Debt and Lines of Credit (Tables)
 12 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Schedule of long-term debt, net of current portion
The following table summarizes long-term debt at September 30, 2024 and September 30, 2023:
(in thousands) September 30, 2024 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 3,700  3,888 
Pru loans A & B 10,457  11,615 
Deferred financing fees (434) (621)
83,723  103,976 
Less current portion of long-term debt 1,410  2,566 
Long-term debt, net $ 82,313  $ 101,410 
Schedule of lines of credit
The following table summarizes amounts outstanding under lines of credit and related deferred financing costs, net of accumulated amortization at September 30, 2024 and September 30, 2023:
(in thousands) September 30, 2024 September 30, 2023
Lines of Credit:
RLOC $ 8,394  $ — 
WCLC —  24,722 
Deferred financing fees (1)
(671) (95)
Lines of Credit, net $ 7,723  $ 24,627 
1- Represents deferred financing fees on the RLOC, included within Other non-current assets in the consolidated balance sheets.
Schedule of future maturities of debt and lines of credit
Future maturities of long-term debt and lines of credit as of September 30, 2024 are as follows:
(in thousands) September 30, 2024
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 1,137 
Due beyond five years 85,774 
Total future maturities $ 92,551 
Schedule of interest costs expensed and capitalized
Interest costs expensed and capitalized were as follows:
(in thousands) Years Ended September 30,
2024 2023
Interest expense $ 3,538  $ 4,911 
Interest capitalized 1,260  1,439 
Total $ 4,798  $ 6,350