| Schedule of debt obligations |
The following table presents certain information regarding the Company’s debt obligations at June 30, 2020 and December 31, 2019:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
June 30, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2019 |
|
|
| Debt Obligation/Collateral |
|
Month Issued |
|
Outstanding
Face
Amount |
|
Carrying
Value |
|
Final Stated Maturity |
|
Weighted
Average
Coupon |
|
Weighted Average
Funding
Cost (A) |
|
Weighted Average Life (Years) |
|
Face Amount of
Floating Rate Debt |
|
Outstanding Face Amount |
|
Carrying Value |
| Credit Facilities and Finance Leases |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Vineyard II |
|
Dec 1993 |
|
$ |
200 |
|
|
$ |
200 |
|
|
Dec 2043 |
|
3.09% |
|
3.09 |
% |
|
23.5 |
|
$ |
200 |
|
|
$ |
200 |
|
|
$ |
200 |
|
| Finance leases (Equipment) |
|
Jul 2014 - Jun 2020 |
|
17,721 |
|
|
17,721 |
|
|
Aug 2020 - Sep 2025 |
|
3.00% to 15.00% |
|
7.37 |
% |
|
3.2 |
|
— |
|
|
19,079 |
|
|
19,079 |
|
|
|
|
|
17,921 |
|
|
17,921 |
|
|
|
|
|
|
7.32 |
% |
|
3.4 |
|
200 |
|
|
19,279 |
|
|
19,279 |
|
| Less current portion of obligations under finance leases |
|
|
|
5,860 |
|
|
5,860 |
|
|
|
|
|
|
|
|
|
|
|
|
6,154 |
|
|
6,154 |
|
| Credit facilities and obligations under finance leases - noncurrent |
|
|
|
12,061 |
|
|
12,061 |
|
|
|
|
|
|
|
|
|
|
|
|
13,125 |
|
|
13,125 |
|
| Corporate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Junior subordinated notes payable (B) |
|
Mar 2006 |
|
51,004 |
|
|
51,187 |
|
|
Apr 2035 |
|
LIBOR+2.25% |
|
2.98 |
% |
|
14.8 |
|
51,004 |
|
|
51,004 |
|
|
51,192 |
|
| Total debt obligations |
|
|
|
$ |
68,925 |
|
|
$ |
69,108 |
|
|
|
|
|
|
4.11 |
% |
|
11.9 |
|
$ |
51,204 |
|
|
$ |
70,283 |
|
|
$ |
70,471 |
|
|