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Debt (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Summary of Property Mortgage Loans, Net of Debt Issuance Costs | Debt balances, net of debt issuance costs, are as follows:
|  | As of |
(in thousands) |  | December 31, 2023 |  |  | January 1, 2023 |
Senior Secured Notes, interest at 8.1764% for the Initial Notes and 8.5% for the Additional Notes, maturing March 2027 |  | $ | 615,718 |  |  | $ | 570,712 |
Soho Works Limited loans, unsecured, 7% interest bearing, maturing September 2025 (see additional description below) |  |  | 27,715 |  |  | $ | 24,612 |
Other loans (see additional description below) |  |  | 21,433 |  |  |  | 10,197 |
|  |  | 664,866 |  |  |  | 605,521 |
Less: Current portion of long-term debt |  |  | (29,290 | ) |  |  | (25,617 | )
Total long-term debt, net of current portion |  | $ | 635,576 |  |  | $ | 579,904 |
Property mortgage loans, net of debt issuance costs, are as follows:
|  | As of |
(in thousands) |  | December 31, 2023 |  |  | January 1, 2023 |
Term loan, interest at 6.99%, maturing June 1, 2033 |  | $ | 137,099 |  |  | $ | — |
Term loan, interest at 5.34%, maturing February 6, 2024 |  |  | — |  |  |  | 54,614 |
Mezzanine loan, interest at 7.25%, maturing February 6, 2024 |  |  | — |  |  |  | 61,573 |
Total property mortgage loans |  | $ | 137,099 |  |  | $ | 116,187 |
Summary Of remaining loans consist | The other loans consist of the following:
|  | Currency |  | Maturity date |  | Principal balance as of December 31, 2023 |  |  | Applicable interest rate as of December 31, 2023 |
Dean Street loan |  | Great Britain pound sterling |  | March 2040 |  | $ | 9,740 |  |  |  | 6.0 | %
Copenhagen loan |  | Danish krone |  | November 2033 |  |  | 2,182 |  |  |  | 8.0 | %
Greek Street loan |  | Great Britain pound sterling |  | January 2028 |  |  | 2,970 |  |  |  | 7.5 | %
Compagnie de Phalsbourg credit facility |  | Euro |  | January 2025 |  |  | 5,716 |  |  |  | 7.0 | %
Greek government loan |  | Euro |  | July 2025 |  |  | 828 |  |  |  | 3.1 | %
Summary of Future Principal Payments for the Company's Debt, Property Mortgage Loans, and Related Party Loans | The following table presents future principal payments for the Company’s debt and property mortgage loans as of December 31, 2023:
(in thousands) |  |  |
2024 |  | $ | 29,290 |
2025 |  |  | 10,255 |
2026 |  |  | 1,293 |
2027 |  |  | 616,925 |
2028 |  |  | 7,473 |
Thereafter |  |  | 146,571 |
Total future principal payments |  |  | 811,807 |
Less: Unamortized debt issuance costs |  |  | (9,842 | )
Total debt |  | $ | 801,965 |

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