XML 47 R39.htm IDEA: XBRL DOCUMENT

Long-term Debt, Net (Tables)

9 Months Ended

Sep. 30, 2024

Debt Instruments [Abstract]

Schedule of long term debt

The Company’s long-term debt, net consists of the following (in thousands):


	September 30, 2024				December 31, 2023
Term Loan Facility	$	169,805			$	185,430
Experience Vessel Financing		114,468				123,750
2017 Bank Loans		67,027				74,013
EE Revolver		—				—
Total debt		351,300				383,193
Less unamortized debt issuance costs		(5,646	)			(7,212	)
Total debt, net		345,654				375,981
Less current portion, net		(46,448	)			(42,614	)
Total long-term debt, net	$	299,206			$	333,367

Schedule of variable rate debt obligation

The following table shows the range of interest rates and weighted average interest rates incurred on our variable-rate debt obligations during the nine months ended September 30, 2024.


	For the nine months ended September 30, 2024
	Range		Weighted Average
Experience Vessel Financing	8.7% – 9.1%		8.8%
2017 Bank Loans (1)	8.2% – 10.2%		9.6%
Term Loan Facility (2)	8.4%		8.4%
EE Revolver	N/A		N/A

(1)

Weighted average interest rate, net of the impact of settled derivatives, was 7.1% for the nine months ended September 30, 2024.

(2)

Weighted average interest rate, net of the impact of settled derivatives, was 6.9% for the nine months ended September 30, 2024.