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BONDS AND BONDS INTEREST PAYABLE (Tables)
 3 Months Ended
Mar. 31, 2019
Bonds And Bonds Interest Payable Tables Abstract  
Schedule of bonds and interest payable

Following is the outstanding balance of SPC’s Bonds and interest payable as of March 31, 2019 and December 31, 2018 (dollars in thousands):

 

    March 31,
2019		     December 31,
2018		  
Bonds (Series A)   $ 99,376     $ 106,686  
Bonds (Series B)     37,913       36,740  
Bonds (Series B expansion)     19,906       19,290  
Total outstanding bonds     157,195       162,716  
Less: deferred bond issuance costs     (7,587 )     (8,179 )
Total outstanding bonds, net     149,608       154,537  
Accrued Interest     1,857       4,037  
Total oustanding bonds, net and accrued interest   $ 151,465     $ 158,574  

 
Schedule of principal payments on the bonds payable

The aggregate maturity of the bonds are as follows:

 

Year   March 31,
2019		     December 31,
2018		  
2019   $ 11,024     $ 22,049  
2020     22,049       22,049  
2021     33,629       33,629  
2022     33,629       33,629  
2023     30,070       30,070  
Thereafter     26,794       21,290  
    $ 157,195     $ 162,716