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Debt (Tables) | 12 Months Ended
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Dec. 31, 2021
Debt Disclosure [Abstract] |
Schedule of Short-term and Long-term Debt | The Company’s short-term and long-term debt at December 31, 2021 and 2020 consisted of the following:
| December 31,
(in thousands) | 2021 |  | 2020
Short-term debt – non-recourse | $ | 65,485 |  |  | $ | 93,192 |
Short-term debt – recourse | 436,307 |  |  | 310,511 |
Total short-term debt | 501,792 |  |  | 403,703 |
Current maturities of long-term debt – non-recourse | 7,601 |  |  | 678 |
Current maturities of long-term debt – recourse | 24,655 |  |  | 68,688 |
Total current maturities of long-term debt | 32,256 |  |  | 69,366 |
Long-term debt, less: current maturities – non-recourse | 64,972 |  |  | 127,192 |
Long-term debt, less: current maturities – recourse | 535,515 |  |  | 759,261 |
Total long-term debt, less: current maturities | $ | 600,487 |  |  | $ | 886,453 |
Schedule of Long-term Debt |
| December 31,
(in thousands, except percentages) | 2021 |  | 2020
Note payable, variable rate (1.70% at December 31, 2021), payable in increasing amounts plus interest, due 2026 | $ | 212,500 |  |  | $ | 225,000 |
Note payable, variable rate (1.58% at December 31, 2021), payable in increasing amounts plus interest, due 2026 | 142,500 |  |  | 150,000 |
Note payable, 4.50%, payable at maturity, due 2034 (a) | 99,090 |  |  | 102,524 |
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 |
Industrial revenue bond, variable rate (1.22% at December 31, 2021), payable at maturity, due 2036 | 21,000 |  |  | 21,000 |
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 |
Finance lease obligations, due serially to 2030 (a) | 10,135 |  |  | 22,262 |
Note payable, variable rate, paid 2021 | — |  |  | 145,000 |
Note payable, 4.07%, paid 2021 | — |  |  | 26,000 |
Note payable, 3.33%, paid 2021 | — |  |  | 22,634 |
Note payable, 3.29%, paid 2021 | — |  |  | 16,028 |
Debenture bonds, 2.65% to 4.50%, paid 2021 | — |  |  | 12,730 |
Note payable, variable rate, paid 2021 | — |  |  | 11,250 |
| 564,225 |  |  | 833,428 |
Less: current maturities | 24,655 |  |  | 68,688 |
Less: unamortized prepaid debt issuance costs | 4,055 |  |  | 5,479 |
| $ | 535,515 |  |  | $ | 759,261 |
(a) Debt is collateralized by first mortgages on certain facilities and related equipment or other assets with a book value of $61.9 million The Company's non-recourse long-term debt consists of the following:
| December 31,
(in thousands) | 2021 |  | 2020
Note payable, variable rate (3.55% at December 31, 2021), payable at maturity, due 2027 | $ | 70,000 |  |  | $ | 70,000 |
Finance lease obligations, due serially to 2023 | 2,745 |  |  | 2,825 |
Long-term credit facility, variable rate, due 2024 | — |  |  | 56,600 |
| 72,745 |  |  | 129,425 |
Less: current maturities | 7,601 |  |  | 678 |
Less: unamortized prepaid debt issuance costs | 172 |  |  | 1,555 |
| $ | 64,972 |  |  | $ | 127,192 |

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