| Schedule of debt obligations |
The following table presents certain information regarding the Company’s debt obligations at September 30, 2020 and December 31, 2019:
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September 30, 2020 |
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December 31, 2019 |
| Debt Obligation/Collateral |
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Month Issued |
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Outstanding
Face
Amount |
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Carrying
Value |
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Final Stated Maturity |
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Weighted
Average
Coupon |
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Weighted Average
Funding
Cost (A) |
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Weighted Average Life (Years) |
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Face Amount of
Floating Rate Debt |
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Outstanding Face Amount |
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Carrying Value |
| Credit Facilities and Finance Leases |
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| Vineyard II |
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Dec 1993 |
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$ |
200 |
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$ |
200 |
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Dec 2043 |
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3.09% |
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3.09 |
% |
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23.2 |
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$ |
— |
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$ |
200 |
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$ |
200 |
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| Finance leases (Equipment) |
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Jul 2014 - Sep 2020 |
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18,818 |
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18,818 |
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Oct 2020 - Apr 2026 |
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3.00% to 15.00% |
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6.97 |
% |
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3.5 |
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— |
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19,079 |
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19,079 |
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19,018 |
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19,018 |
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6.93 |
% |
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3.7 |
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— |
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19,279 |
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19,279 |
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| Less current portion of obligations under finance leases |
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6,583 |
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6,583 |
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6,154 |
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6,154 |
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| Credit facilities and obligations under finance leases - noncurrent |
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12,435 |
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12,435 |
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13,125 |
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13,125 |
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| Corporate |
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| Junior subordinated notes payable (B) |
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Mar 2006 |
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51,004 |
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51,185 |
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Apr 2035 |
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LIBOR+2.25% |
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2.49 |
% |
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14.6 |
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51,004 |
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51,004 |
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51,192 |
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| Total debt obligations |
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$ |
70,022 |
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$ |
70,203 |
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3.69 |
% |
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11.6 |
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$ |
51,004 |
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$ |
70,283 |
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$ |
70,471 |
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