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Short-Term Borrowings and Long-Term Debt (Tables)

3 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt

The below table summarizes the Company's long-term debt.

		September 30, 2023				December 31, 2023
		(Amounts in thousands)
Mortgage facility payable to Flagship Bank bearing interest at 7.50% (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.		$	5,907			$	5,783
Mortgage facility payable to Seacoast National Bank bearing interest at 7.63% (SOFR plus 220 basis points). Requires monthly interest payments for the first year and then monthly principal and interest payments with a balloon payment of approximately $10.0 million due September 2031.			16,735				16,396
Mortgage facility payable to Hancock Whitney Bank bearing interest at 7.88% (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%.			23,279				22,801
Revolving mortgage facility with FineMark National Bank & Trust bearing interest at 8.25% (prime minus 25 basis points with a floor of 3.00%). Facility matures in October 2027. Current available borrowings under the facility were approximately $22.3 million at December 31, 2023.			—				—
Term loan payable to M&T Bank bearing interest at 6.83%. Requires quarterly principal and interest payments. Facility matures in August 2027.			377,500				370,000
Loan payable to TRANSPORT S.a.s di Taula Vittorio & C. bearing interest    at 7.45%. Requires quarterly principal and interest payments.    Facility matures in December 2030.			1,478				1,568
Total long-term debt			424,899				416,548
Less: current portion			(33,767	)			(33,766	)
Less: unamortized portion of debt issuance costs			(1,901	)			(1,810	)
Long-term debt, net current portion and unamortized debt issuance costs		$	389,231			$	380,972

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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.

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