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Debt. | 3 Months Ended
--- | ---
Mar. 31, 2021
Debt Disclosure [Abstract] |
DEBT. | 6. DEBT. Long-term borrowings are summarized as follows (in thousands):
|  | March 31, 2021 |  |  | December 31, 2020 |
Kinergy line of credit |  | $ | 45,554 |  |  | $ | 32,512 |
Pekin revolving loan |  |  | 17,580 |  |  |  | 20,580 |
ICP revolving loan |  |  | 9,384 |  |  |  | 9,384 |
Parent notes payable |  |  | 20,001 |  |  |  | 25,533 |
CARES Act loans |  |  | 9,860 |  |  |  | 9,860 |
|  |  | 102,379 |  |  |  | 97,869 |
Less unamortized debt premium |  |  | 174 |  |  |  | 230 |
Less unamortized debt financing costs |  |  | (576 | ) |  |  | (759 | )
Less short-term portion |  |  | (37,581 | ) |  |  | (25,533 | )
Long-term debt |  | $ | 64,396 |  |  | $ | 71,807 |
Parent Notes Payable – On May 14, 2021, with proceeds from the Company’s sale of its Madera, California facility, it repaid $19.3 million of principal on its notes payable, with $0.7 million remaining. Maturities of Long-term Debt – The Company’s long-term debt matures as follows (in thousands):
December 31: |  |  |
2021 |  | $ | 20,001 |
2022 |  |  | 82,378 |
|  | $ | 102,379 |
Restrictions – At March 31, 2021, there were approximately $231.9 million of net assets at the Company’s subsidiaries that were not available to be transferred to Alto Ingredients, Inc. in the form of dividends, loans or advances due to restrictions contained in the credit facilities of the Company’s subsidiaries.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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