XML 45 R34.htm IDEA: XBRL DOCUMENT
v3.23.2

Short-Term Borrowings and Long-Term Debt (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | The below table summarizes the Company's long-term debt.
|  | September 30, 2022 |  |  | June 30, 2023 |
|  | (Amounts in thousands) |
Mortgage facility payable to Flagship Bank bearing interest at 7.25% as of June 30, 2023 (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. |  | $ | 6,403 |  |  | $ | 6,031 |
Mortgage facility payable to Seacoast National Bank bearing interest at 7.63% as of June 30, 2023 (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. |  |  | 17,098 |  |  |  | 17,060 |
Mortgage facility payable to Hancock Whitney Bank bearing interest at 7.63% as of June 30, 2023 (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%. |  |  | 25,192 |  |  |  | 23,757 |
Revolving mortgage facility with FineMark National Bank & Trust bearing interest at 8.00% as of June 30, 2023 (base minus 25 basis points with a floor of 3.00%). Facility matures in October 2027. Current available borrowings under the facility were approximately $23.2 million at June 30, 2023. |  |  | — |  |  |  | — |
Term loan payable to M&T Bank bearing interest at 6.67% as of June 30, 2023. Requires quarterly principal and interest payments. Facility matures in August 2027. |  |  | — |  |  |  | 385,000 |
Loan payable to TRANSPORT S.a.s di Taula Vittorio & C. bearing interest at 6.55% as of June 30, 2023. Requires quarterly principal and interest payments. Facility matures in December 2030. |  |  | — |  |  |  | 1,496 |
Total long-term debt |  |  | 48,693 |  |  |  | 433,344 |
Less: current portion |  |  | (2,882 | ) |  |  | (32,409 | )
Less: unamortized portion of debt issuance costs |  |  | (510 | ) |  |  | (1,706 | )
Long-term debt, net current portion and unamortized debt issuance costs |  | $ | 45,301 |  |  | $ | 399,229 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration