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Debt (Tables)
6 Months Ended
Jun. 30, 2017
Debt [Abstract]  
Schedule of Debt



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

 

Carrying amount



 

 

June 30,

 

December 31,



 

2017 

 

 

2016 

Short-term debt

$

14,110 

 

$

23,912 



 

 

 

 

 

 

 

Long-term debt:

 

 

 

 

 



 

 

 

 

 

 

 



Revolving loans:

 

 

 

 



 

Denominated in Canadian dollars, unsecured, bearing interest at a weighted

 

 

 

 

 



 

average rate of 2.380%, due in monthly installments of interest only, with the

 

 

 

 

 



 

committed, revolving credit facility available until October 2021

 

 -

 

 

69,926 



 

Denominated in United States dollars, unsecured, bearing interest at a weighted

 

 

 

 

 



 

average rate of 2.075%, due in monthly installments of interest only, with the

 

 

 

 

 



 

committed, revolving credit facility available until October 2021

 

 -

 

 

30,000 



Delayed draw term loan:

 

 

 

 



 

Denominated in Canadian dollars, secured, bearing interest at a weighted

 

 

 

 

 



 

average rate of 2.350%, due in monthly installments of interest only and

 

 

 

 

 



 

quarterly installments of principal, with the committed credit facility,

 

 

 

 

 -



 

available until October 2021

 

184,113 

 

 

 



 

Denominated in United States dollars, secured, bearing interest at a weighted

 

 

 

 

 



 

average rate of 2.551%, due in monthly installments of interest only and

 

 

 

 

 



 

quarterly installments of principal, with the committed credit facility,

 

 

 

 

 



 

available until October 2021

 

148,250 

 

 

 



 

Less: unamortized debt issue costs

 

(4,545)

 

 

 



Senior unsecured notes:

 

 

 

 



 

Bearing interest at 5.375% due in semi-annual installments, with the full

 

 

 

 

 



 

amount of principal due in January 2025

 

500,000 

 

 

500,000 



 

Less: unamortized debt issue costs

 

(13,505)

 

 

(4,220)



 

 

 

814,313 

 

 

595,706 



 

 

 

 

 

 

 

Total debt

$

828,423 

 

$

619,618 



 

 

 

 

 

 

 

Long-term debt:

 

 

 

 

 

Current portion

$

16,618 

 

$

 -

Non-current portion

 

797,695 

 

 

595,706 



$

814,313 

 

$

595,706