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Short-Term Borrowings and Long-Term Debt (Tables) | 12 Months Ended
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Sep. 30, 2021
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | The below table summarizes the Company's long-term debt.
|  | September 30, 2021 |
|  | (Amounts in thousands) |
Mortgage facility payable to Flagship Bank bearing interest at 2.25% (prime minus 100 basis points with a floor of 2.00%). Requires monthly principal and interest payments with a balloon payment of approximately $4.0 million due August 2027. |  | $ | 6,899 |
Mortgage facility payable to Seacoast National Bank bearing interest at 3.00% (greater of 3.00% or prime minus 62.5 basis points). Requires monthly interest payments for the first year and then monthly principal and interest payments with a balloon payment of approximately $6.0 million due September 2031. |  |  | 17,675 |
Mortgage facility payable to Hancock Whitney Bank bearing interest at 2.63% (prime minus 62.5 basis points with a floor of 2.25%). Requires monthly principal and interest payments with a balloon payment of approximately $15.5 million due November 2027. 50% of the outstanding borrowings are hedged with an interest rate swap contract with a fixed rate of 3.20%. |  |  | 27,106 |
Revolving mortgage facility with FineMark National Bank & Trust bearing interest at 3.00% (prime minus 25 basis points with a floor of 3.00%). Facility matures in October 2027. Current available borrowings under the facility were approximately $26.1 million at September 30, 2021. |  |  | — |
Total long-term debt |  |  | 51,680 |
Less: current portion |  |  | (3,587 | )
Less: unamortized portion of debt issuance costs |  |  | (595 | )
Long-term debt, net current portion and unamortized debt issuance costs |  | $ | 47,498 |
Summary of Aggregate Maturities of Long Term Debt | As of September 30, 2021, the aggregate maturities of long-term debt by fiscal year are summarized as follows:
|  | (Amounts in thousands) |
2022 |  | $ | 3,587 |
2023 |  |  | 3,587 |
2024 |  |  | 3,587 |
2025 |  |  | 3,587 |
2026 |  |  | 3,587 |
Thereafter |  |  | 33,745 |
Total long-term debt |  | $ | 51,680 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
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