Schedule of Long-Term Debt |
Long-term debt consists of the following: | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2020 | | | | September 30, 2019 | | | | Principal | | Unamortized Debt Issuance Costs | | Principal | | Unamortized Debt Issuance Costs | Roanoke Gas Company: | | | | | | | | Unsecured senior notes payable, at 4.26% due on September 18, 2034 | $ | 30,500,000 | | | $ | 137,570 | | | $ | 30,500,000 | | | $ | 144,811 | | Unsecured term note payable, at 30-day LIBOR plus 0.90%, due November 1, 2021 | 7,000,000 | | | 4,447 | | | 7,000,000 | | | 6,948 | | Unsecured term notes payable, at 3.58% due on October 2, 2027 | 8,000,000 | | | 34,916 | | | 8,000,000 | | | 38,528 | | Unsecured term notes payable, at 4.41% due on March 28, 2031 | 10,000,000 | | | 33,675 | | | 10,000,000 | | | 36,272 | | Unsecured term notes payable, at 3.60% due on December 6, 2029 | 10,000,000 | | | 33,466 | | | — | | | — | | RGC Midstream, LLC: | | | | | | | | Unsecured term notes payable, at 30-day LIBOR plus 1.35%, due December 29, 2022 | 24,310,200 | | | 53,610 | | | 16,012,200 | | | 59,504 | | Unsecured term note payable, at 30-day LIBOR plus 1.15%, due June 12, 2026 | 14,000,000 | | | 14,446 | | | 14,000,000 | | | 16,252 | | Unsecured term note payable, at 30-day LIBOR plus 1.20%, due June 1, 2024 | 10,000,000 | | | 9,233 | | | 10,000,000 | | | 11,000 | | Total notes payable | $ | 113,810,200 | | | $ | 321,363 | | | $ | 95,512,200 | | | $ | 313,315 | | Line-of-credit, at 30-day LIBOR plus 1.00%, due March 31, 2022 | $ | 2,858,130 | | | $ | — | | | $ | 8,172,473 | | | $ | — | | | | | | | | | | Total long-term debt | $ | 116,668,330 | | | $ | 321,363 | | | $ | 103,684,673 | | | $ | 313,315 | |
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