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Debt (Tables) | 12 Months Ended
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Dec. 31, 2019
Debt Disclosure [Abstract] |
Schedule of Short-term and Long-term Debt | The Company’s short-term and long-term debt at December 31, 2019 and 2018 consisted of the following:
| December 31,
(in thousands) | 2019 |  | 2018
Short-term Debt – Non-Recourse | $ | 54,029 |  |  | $ | — |
Short-term Debt – Recourse | 93,002 |  |  | 205,000 |
Total Short-term Debt | 147,031 |  |  | 205,000 |
Current Maturities of Long-term Debt – Non-Recourse | 9,250 |  |  | 4,842 |
Current Maturities of Long-term Debt – Recourse | 36,013 |  |  | 16,747 |
Finance lease liability | 17,636 |  |  | — |
Total Current Maturities of Long-term Debt | 62,899 |  |  | 21,589 |
Long-term Debt, Less: Current Maturities – Non-Recourse | 329,891 |  |  | 146,353 |
Long-term Debt, Less: Current Maturities – Recourse | 664,856 |  |  | 349,834 |
Finance lease liability | 21,501 |  |  | — |
Total Long-term Debt, Less: Current Maturities | $ | 1,016,248 |  |  | $ | 496,187 |
Schedule of Long-term Debt |
| December 31,
(in thousands, except percentages) | 2019 |  | 2018
Note payable, variable rate (3.38% at December 31, 2019), payable in increasing amounts plus interest, due 2026 | $ | 237,500 |  |  | $ | — |
Note payable, variable rate (3.13% at December 31, 2019), payable in increasing amounts plus interest, due 2024 | 157,500 |  |  | — |
Note payable, 4.50%, payable at maturity, due 2034 (a) | 105,000 |  |  | — |
Note payable, 4.07%, payable at maturity, due 2021 | 26,000 |  |  | 26,000 |
Note payable, 4.85%, payable at maturity, due 2026 | 25,000 |  |  | 25,000 |
Note payable, 4.55%, payable at maturity, due 2023 | 24,000 |  |  | 24,000 |
Note payable, 3.33%, payable in increasing amounts plus interest, due 2025 (a) | 23,780 |  |  | 24,888 |
Note payable, 3.29%, payable in increasing amounts plus interest, due 2022 (a) | 17,497 |  |  | 18,918 |
Note payable, 4.50%, payable at maturity, due 2030 | 16,000 |  |  | 16,000 |
Note payable, 5.00%, payable at maturity, due 2040 | 14,000 |  |  | 14,000 |
Note payable, variable rate (3.43% at December 31, 2019), payable quarterly, due 2024 (a) | 12,250 |  |  | 13,250 |
Line of credit, variable rate, paid 2019 | — |  |  | 50,000 |
Note payable, 4.92%, payable in increasing amounts, plus interest, paid 2019 (a) | — |  |  | 16,227 |
Note payable, 4.23%, payable in increasing amounts plus interest, paid 2019 (a) | — |  |  | 9,948 |
Note payable, 4.76%, payable in increasing amounts plus interest, paid 2019 (a) | — |  |  | 44,330 |
Note payable, variable rate, payable in increasing amounts plus interest, paid 2019 (a) | — |  |  | 16,452 |
Note payable, variable rate, payable in increasing amounts plus interest, paid 2019 (a) | — |  |  | 8,417 |
Note payable, 4.76%, payable in increasing amounts plus interest, paid 2019 (a) | — |  |  | 8,288 |
Industrial development revenue bonds: |  |  |
Variable rate (3.41% at December 31, 2019), payable at maturity, due 2036 | 21,000 |  |  | 21,000 |
Variable rate (3.44% at December 31, 2019), payable at maturity, due 2025 (a) | 3,100 |  |  | 3,100 |
Variable rate, paid 2019 (a) | — |  |  | 4,650 |
Debenture bonds, 2.65% to 5.00%, payable in increasing amounts plus interest, due 2020 through 2031 | 26,075 |  |  | 27,323 |
Finance lease obligations, due serially to 2030 (a) | 38,482 |  |  | — |
| 747,184 |  |  | 371,791 |
Less: current maturities | 53,353 |  |  | 16,747 |
Less: unamortized prepaid debt issuance costs | 7,833 |  |  | 5,210 |
| $ | 685,998 |  |  | $ | 349,834 |
(a) Debt is collateralized by first mortgages on certain facilities and related equipment or other assets with a book value $435.8 million The Company's non-recourse long-term debt consists of the following:
| December 31,
(in thousands) | 2019 |  | 2018
Line of credit, 3.76%, payable at maturity, due 2021 | $ | 180,000 |  |  | $ | 118,000 |
Note Payable, variable rate (4.92% at December 31, 2019), payable at maturity, due 2026 | 66,094 |  |  | — |
Industrial revenue bond, variable rate (3.44% at December 31, 2019), payable at maturity, due 2032 (a) | 49,500 |  |  | — |
Note payable, variable rate (4.51% at December 31, 2019), payable in increasing amounts plus interest, due 2023 | 15,465 |  |  | — |
Non-recourse financing obligations, 3.60% to 4.94%, payable at maturity, due 2020 through 2026 | 28,855 |  |  | 34,019 |
Finance lease obligations, due serially to 2023 | 655 |  |  | — |
| 340,569 |  |  | 152,019 |
Less: current maturities | 9,545 |  |  | 4,842 |
Less: unamortized prepaid debt issuance costs | 774 |  |  | 824 |
| $ | 330,250 |  |  | $ | 146,353 |

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