XML 24 R33.htm IDEA: XBRL DOCUMENT v2.4.1.9
LONG-TERM OBLIGATIONS (Tables)
 3 Months Ended
Mar. 31, 2015
LONG-TERM OBLIGATIONS [Abstract]  
Schedule of Long-term Debt

Long-term debt consists of the following (in thousands):

 

   March 31,   December 31,
  2015 2014
Senior Secured Notes collaterized by the Company's assets, with interest payable semi-yearly based on a fixed annual interest rate of 11% with principal due in 2019 $300,000  $250,000 
Note payable collaterized by GMSL's assets, with
interest payable monthly at LIBOR plus 3.65% and principal payable monthly, maturing in 2019		  15,692   16,732 
Note payable collaterized by Schuff's real estate, with
 interest payable monthly at LIBOR plus 4% and principal payable monthly with one final balloon payment of $1.9 million, maturing in 2019		  4,479   4,635 
Note payable collaterized by Schuff's equipment, with
 interest payable monthly at LIBOR plus 4% and principal payable monthly with one final balloon payment of $1.9 million, maturing in 2019		  12,352   8,333 
Line of credit collaterized by Schuff's assets, with
 interest payable monthly at LIBOR plus 3%		  27,391   —   
Note payable collaterized by ANG's assets, with interest payable monthly at 5.5% and principal payable monthly, maturing in 2018  773   810 
Obligations under capital leases  56,648   65,176 
Other  28   30 
   Subtotal  417,363   345,716 
Original issue discount on Senior Secured Notes  (2,003)  (2,345)
   Subtotal  415,360   343,371 
Less: Current portion of long-term obligations  (38,811)  (10,444)
Total long-term obligations $376,549  $332,927 
Schedule of Aggregate Debt Maturities

Aggregate debt maturities are as follows (in thousands):

 

 2015  $36,054 
 2016   11,771 
 2017   12,043 
 2018   15,107 
 2019   313,142 
 Thereafter   29,246 
    $417,363 
Schedule of Aggregate Maturities for Capital Leases

Aggregate maturities for the capital leases are as follows (in thousands):

 

 2015  $5,137 
 2016   6,843 
 2017   6,834 
 2018   10,479 
 2019   10,478 
 Thereafter   31,813 
 Total minimum principal & interest payments   71,584 
 Less: Amount representing interest   (14,936)
 Total capital lease obligations  $56,648