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Debt (Tables)
3 Months Ended
Mar. 31, 2019
Debt [Abstract]  
Schedule of Debt



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

 

Carrying amount



 

 

March 31,

 

December 31,



 

2019 

 

 

2018 

Short-term debt

$

8,687 

 

$

19,896 



 

 

 

 

 

 

 

Long-term debt:

 

 

 

 

 



 

 

 

 

 

 

 



Term loans:

 

 

 

 



 

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

 

 

 

 

 



 

average rate of 4.342%, due in monthly installments of interest only and

 

 

 

 

 



 

quarterly installments of principal, maturing in October 2021

 

163,189 

 

 

161,891 



 

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

 

 

 

 

 



 

average rate of 4.606%, due in weekly installments of interest only and

 

 

 

 

 



 

quarterly installments of principal, maturing in October 2021

 

52,690 

 

 

62,690 



 

Less: unamortized debt issue costs

 

(2,121)

 

 

(2,419)



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

 

(10,421)

 

 

(10,864)

Total long-term debt

 

703,337 

 

 

711,298 



 

 

 

 

 

 

 

Total debt

$

712,024 

 

$

731,194 



 

 

 

 

 

 

 

Long-term debt:

 

 

 

 

 

Current portion

$

15,648 

 

$

13,126 

Non-current portion

 

687,689 

 

 

698,172 

Total long-term debt

$

703,337 

 

$

711,298