| Schedule of debt obligations |
The following table presents certain information regarding the Company’s debt obligations at March 31, 2021 and December 31, 2020:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
March 31, 2021 |
|
December 31, 2020 |
| 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 |
|
2.43% |
|
2.43 |
% |
|
22.7 |
|
$ |
— |
|
|
$ |
200 |
|
|
$ |
200 |
|
| Finance leases (Equipment) |
|
Jul 2014 - Mar 2021 |
|
17,633 |
|
|
17,633 |
|
|
Mar 2021 - Sep 2026 |
|
3.00% to 15.00% |
|
6.37 |
% |
|
3.5 |
|
— |
|
|
19,021 |
|
|
19,021 |
|
|
|
|
|
17,833 |
|
|
17,833 |
|
|
|
|
|
|
6.33 |
% |
|
3.7 |
|
— |
|
|
19,221 |
|
|
19,221 |
|
| Less current portion of obligations under finance leases |
|
|
|
6,180 |
|
|
6,180 |
|
|
|
|
|
|
|
|
|
|
|
|
6,470 |
|
|
6,470 |
|
| Credit facilities and obligations under finance leases - noncurrent |
|
|
|
11,653 |
|
|
11,653 |
|
|
|
|
|
|
|
|
|
|
|
|
12,751 |
|
|
12,751 |
|
| Corporate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Junior subordinated notes payable (B) |
|
Mar 2006 |
|
51,004 |
|
|
51,180 |
|
|
Apr 2035 |
|
LIBOR+2.25% |
|
2.43 |
% |
|
14.1 |
|
51,004 |
|
|
51,004 |
|
|
51,182 |
|
| Total debt obligations |
|
|
|
$ |
68,837 |
|
|
$ |
69,013 |
|
|
|
|
|
|
3.69 |
% |
|
11.6 |
|
$ |
51,004 |
|
|
$ |
70,225 |
|
|
$ |
70,403 |
|
|