XML 38 R25.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Summary of Long-Term Debt
The following table summarizes the Company's long-term debt and finance lease obligations, net of related costs, as of the dates indicated:
(in thousands)June 30, 2024December 31, 2023
Fixed-rate debt and finance lease obligations due through 2032$1,787,240 $1,834,754 
Variable-rate debt due through 2036431,649 424,900 
Total long-term debt and finance lease obligations, net of related costs2,218,889 2,259,654 
Less current maturities, net of related costs485,641 439,937 
Long-term debt and finance lease obligations, net of current maturities and related costs$1,733,248 $1,819,717 
Weighted average fixed-interest rate on debt6.3%6.3%
Weighted average variable-interest rate on debt7.9%7.9%

Interest Rate(s) Per Annum atBalance as of
(dollars in thousands)Maturity DatesJune 30, 2024June 30, 2024December 31, 2023
Senior secured notes20277.25%$550,000 $550,000 
Consolidated variable interest entities2024-20292.92%-5.19%122,836 130,650 
Revolving credit facilities2024-20277.93%200,000 200,000 
Debt secured by aircraft, engines, other equipment and real estate2025-20361.87%-8.25%572,114 596,271 
Finance leases2028-20324.44%-7.01%442,752 455,248 
Sunseeker construction loan20285.75%350,000 350,000 
Total debt$2,237,702 $2,282,169 
Related costs(18,813)(22,515)
Total debt net of related costs$2,218,889 $2,259,654 
Schedule of Maturities of Long-Term Debt
Maturities of long term debt as of June 30, 2024, for the next five years and thereafter, in the aggregate, are:

(in thousands)As of June 30, 2024
Remaining in 2024$267,196 
2025312,629 
2026176,155 
2027709,358 
2028328,573 
2029142,535 
Thereafter282,443 
Total debt and finance lease obligations, net of related costs$2,218,889