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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure  
Loans And Credit Facilities Amounts Outstanding

 

 

 

 

Year Ended

 

Debt instruments

 

Borrowers-Issuers

 

December 31, 2017

 

 

December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

$480 Million Term Loan Facility

 

Arctic LNG and Dynagas Finance LLC

 

 

477,600

 

 

 

 

$340 Million Credit Facility

 

Pegasus, Lance, Seacrown, Fareastern

 

 

 

 

 

285,000

 

$250 Million Senior Unsecured Notes

 

Dynagas Partners and Dynagas Finance 

 

 

250,000

 

 

 

250,000

 

$200 Million Term Loan Facility

 

Navajo and Solana

 

 

 

 

 

187,500

 

Total debt

 

 

 

$

727,600

 

 

$

722,500

 

Less deferred financing fees

 

 

 

 

(13,247)

 

 

 

(6,064)

 

Total debt, net of deferred finance costs

 

 

 

$

714,353

 

 

$

716,436

 

Less current portion, net of deferred financing fees

 

 

 

$

(2,655)

 

 

$

(31,688)

 

 

 

 

 

 

 

 

 

 

 

 

Long-term debt, net of current portion and deferred financing fees

 

 

 

$

711,698

 

 

$

684,748

 

 

Minimum Annual Principal Payments

Year ending December 31,

 

Amount

 

2018

 

$

4,800

 

2019

 

 

254,800

 

2020

 

 

4,800

 

2021

 

 

4,800

 

2022

 

 

4,800

 

2023 and thereafter

 

 

453,600

 

Total long-term debt

 

$

727,600