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Debt (Tables)
9 Months Ended
Sep. 30, 2016
Debt [Abstract]  
Schedule of Debt



 

 

 

 

 

 



 

 

 

 

 

 



 

Carrying value



 

September 30,

 

December 31,



 

2016 

 

 

2015 

Short-term debt

$

39,013 

 

$

12,350 



 

 

 

 

 

 

Long-term debt:

 

 

 

 

 



 

 

 

 

 

 



Term loan, denominated in Canadian dollars, unsecured, bearing

 

 

 

 

 



interest at 4.225%, due in quarterly installments of interest only,

 

 

 

 

 



with the full amount of the principal due in May 2022.

 

25,894 

 

 

24,567 



 

 

 

 

 

 



Term loan, denominated in United States dollars, unsecured, bearing

 

 

 

 

 



interest at 3.59%, due in quarterly installments of interest only,

 

 

 

 

 



with the full amount of the principal due in May 2022.

 

30,000 

 

 

30,000 



 

 

 

 

 

 



Revolving loan, denominated in Canadian dollars, unsecured, bearing

 

 

 

 

 



interest at a weighted average rate of 1.75%, due in monthly

 

 

 

 

 



installments of interest only, with the committed, revolving credit

 

 

 

 

 



facility available until May 2018.

 

45,696 

 

 

 -



 

 

 

 

 

 



Term loan, denominated in Canadian dollars, unsecured, bearing

 

 

 

 

 



interest at 6.385%, due in quarterly installments of interest only,

 

 

 

 

 



with the full amount of the principal due in May 2016.

 

 -

 

 

43,348 



 

 

 

 

 

 



 

 

101,590 

 

 

97,915 



 

 

 

 

 

 

Total debt

$

140,603 

 

$

110,265 

Total long-term debt:

 

 

 

 

 

Current portion

$

 -

 

$

43,348 

Non-current portion

 

101,590 

 

 

54,567 



$

101,590 

 

$

97,915