XML 65 R50.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Long-term Obligations (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Obligations | 13. Long-term Obligations Long-term debt consists of the following (in thousands):
|  | December 31,
|  | 2016 |  | 2015
HC2 |  |  |  |
11.0% Senior Secured Notes, due in 2019 (1) |  | $ | 307,000 |  |  | $ | 307,000 |
HC22 |  |  |  |
11.0% Senior Secured Bridge Note, due in 2019 (2) |  | 35,000 |  |  | — |
GMSL |  |  |  |
Notes payable and revolving lines of credit, various maturity dates |  | 17,522 |  |  | — |
LIBOR plus 3.65% Notes, due in 2019 |  | 3,026 |  |  | 5,260 |
Obligations under capital leases |  | 49,717 |  |  | 52,697 |
DBMG |  |  |  |
LIBOR plus 4.0% Notes, due in 2018 and 2019 |  | 9,439 |  |  | 14,378 |
SHE Line of Credit |  | — |  |  | 1,600 |
LIBOR plus 3.0% Line of Credit |  | — |  |  | — |
ANG |  |  |  |
5.5% Term Loan, due in 2018 |  | 501 |  |  | 660 |
LIBOR plus 3.0% Notes, due in 2023 (3) |  | 6,496 |  |  | — |
4.7% Notes, due in 2023 (3) |  | 4,439 |  |  | — |
4.3% Notes, due in 2022 (3) |  | 2,408 |  |  | — |
4.25% Seller Note, due in 2022 |  | 2,796 |  |  | — |
Other |  | 75 |  |  | 19 |
Total |  | 438,419 |  |  | 381,614 |
Issuance discount or premium and deferred financing costs, net |  | (9,923 | ) |  | (9,738 | )
Total long-term obligations |  | $ | 428,496 |  |  | $ | 371,876 |
(1) In January 2017, the Company issued $55.0 million in aggregate principal amount of additional notes under the 11.0% Notes Indenture. (2) In January 2017, we used a portion of the proceeds from our issuance of $55.0 million in aggregate principal amount of 11.0% Notes to repay the 11.0% Bridge note. (3) These loans have been consolidated and refinanced by ANG in January 2017. The aggregate principal balance outstanding shall bear fixed interest annually equal to 4.5%, due in 2022.
Schedule of Aggregate Debt Maturities | Aggregate capital lease and debt payments are as follows (in thousands):
|  | Capital Leases |  | Debt |  | Total
2017 |  | $ | 6,639 |  |  | $ | 80,823 |  |  | $ | 87,462 |
2018 |  | 9,563 |  |  | 42,622 |  |  | 52,185 |
2019 |  | 9,431 |  |  | 347,715 |  |  | 357,146 |
2020 |  | 9,437 |  |  | 4,825 |  |  | 14,262 |
2021 |  | 9,431 |  |  | 4,350 |  |  | 13,781 |
Thereafter |  | 17,244 |  |  | 13,269 |  |  | 30,513 |
Total minimum principal & interest payments |  | 61,745 |  |  | 493,604 |  |  | 555,349 |
Less: Amount representing interest |  | (12,028 | ) |  | (104,902 | ) |  | (116,930 | )
Total aggregate capital lease and debt payments |  | $ | 49,717 |  |  | $ | 388,702 |  |  | $ | 438,419 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://www.xbrl.org/2003/role/presentationRef -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=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 Reference 4: http://www.xbrl.org/2003/role/presentationRef -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=26873400&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration