| Schedule of debt obligations |
The following table presents certain information regarding the Company’s debt obligations at March 31, 2022 and December 31, 2021:
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March 31, 2022 |
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December 31, 2021 |
| 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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1.79% |
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3.18 |
% |
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21.7 |
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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 - Mar 2022 |
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13,853 |
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13,853 |
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Mar 2022 - Aug 2027 |
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3.5% to 11.06% |
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5.77 |
% |
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3.4 |
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— |
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14,275 |
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14,275 |
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14,053 |
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14,053 |
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5.70 |
% |
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3.7 |
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— |
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14,475 |
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14,475 |
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| Less current portion of obligations under finance leases |
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5,186 |
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5,186 |
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5,400 |
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5,400 |
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| Credit facilities and obligations under finance leases - noncurrent |
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8,867 |
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8,867 |
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9,075 |
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9,075 |
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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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51,172 |
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Apr 2035 |
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LIBOR+2.25% |
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3.18 |
% |
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13.09 |
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51,004 |
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51,004 |
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51,174 |
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| Total debt obligations |
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$ |
65,057 |
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$ |
65,225 |
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3.73 |
% |
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11.2 |
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$ |
51,004 |
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$ |
65,479 |
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$ |
65,649 |
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