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BONDS AND BONDS INTEREST PAYABLE (Tables) | 3 Months Ended
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Mar. 31, 2020
Debt Disclosure [Abstract] |
Schedule of bonds and interest payable | Following is the outstanding balance of SPC’s Bonds and interest payable as of March 31, 2020 and December 31, 2019 (dollars in thousands):
|  | March 31, |  |  | December 31, |
|  | 2020 |  |  | 2019 |
Bonds (Series A) |  | $ | 78,541 |  |  | $ | 92,653 |
Bonds (Series B) |  |  | 38,626 |  |  |  | 39,844 |
Bonds (Series B expansion) |  |  | 20,281 |  |  |  | 20,920 |
Bonds (Series C) |  |  | 77,139 |  |  |  | 79,572 |
Total outstanding bonds |  | $ | 214,587 |  |  | $ | 232,989 |
Less: deferred bond issuance costs |  |  | (8,946 | ) |  |  | (9,724 | )
Total outstanding bonds, net |  |  | 205,641 |  |  |  | 223,265 |
Accrued Interest |  |  | 2,191 |  |  |  | 6,457 |
Total outstanding bonds, net and accrued interest |  | $ | 207,832 |  |  | $ | 229,722 |
Schedule of aggregate maturity of the bonds | The aggregate maturity of the bonds are as follows:
|  | March 31, |  |  | December 31, |
Year |  | 2020 |  |  | 2019 |
2020 |  | $ | 11,220 |  |  | $ | 23,148 |
2021 |  |  | 34,222 |  |  |  | 35,301 |
2022 |  |  | 34,222 |  |  |  | 35,301 |
2023 |  |  | 111,361 |  |  |  | 114,873 |
2024 |  |  | 11,781 |  |  |  | 12,153 |
Thereafter |  |  | 11,781 |  |  |  | 12,213 |
|  | $ | 214,587 |  |  | $ | 232,989 |

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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