| Schedule of debt obligations |
The following table presents certain information regarding the Company’s debt obligations at September 30, 2021 and December 31, 2020:
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September 30, 2021 |
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December 31, 2020 |
| 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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2.43% |
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2.38 |
% |
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22.2 |
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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 - Jun 2021 |
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15,436 |
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15,436 |
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Sep 2021 - Jan 2027 |
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3.00% to 15.00% |
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6.11 |
% |
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3.4 |
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— |
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19,021 |
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19,021 |
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15,636 |
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15,636 |
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6.05 |
% |
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3.7 |
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— |
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19,221 |
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19,221 |
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| Less current portion of obligations under finance leases |
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5,638 |
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5,638 |
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6,470 |
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6,470 |
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| Credit facilities and obligations under finance leases - noncurrent |
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9,997 |
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9,997 |
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12,751 |
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12,751 |
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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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51,177 |
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Apr 2035 |
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LIBOR+2.25% |
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2.38 |
% |
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13.59 |
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51,004 |
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51,004 |
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51,182 |
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| Total debt obligations |
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$ |
66,640 |
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$ |
66,813 |
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3.24 |
% |
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11.3 |
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$ |
51,004 |
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$ |
70,225 |
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$ |
70,403 |
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