Convertible Debt and Notes Payable (Tables)

9 Months Ended

Sep. 30, 2020

Schedule of Debt and Capital Lease Obligations

As of September 30, 2020 and December 31, 2019, the Company's outstanding debt was as follows:



	As of September 30, 2020		As of December 31, 2019


	(dollars in thousands)
Convertible debt	$	122,485	$	118,688
Notes payable	307,437		306,818



Term loans	—		32,180
Other notes payable	73,253		2,516
Finance lease obligations	3,032		3,937
	$	506,207	$	464,139

Direct Financing Lease, Lease Income [Table Text Block]

For the three and nine months ended September 30, 2020 and 2019, quantitative information regarding the Company's finance lease obligations reflected in the accompanying condensed consolidated statements of operations, the supplemental cash flow information and certain other information related to finance leases were as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020			2019
	(dollars in thousands)
Lease cost
Finance lease cost:
Amortization of finance lease right-of-use assets	$	308	$	299	$	924		$	966
Interest on lease liabilities	$	42	$	54	$	134		$	172
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases					$	134		$	172
Financing cash flows from finance leases					$	901		$	951

Weighted average remaining lease term - operating leases (in years)					2.48			3.40
Weighted average discount rate - operating leases					4.89		%	4.93		%

Schedule of Maturities of Debt and Future Minimum Lease Payments for Capital Leases

Annual scheduled maturities of debt and minimum payments (of principal and interest) for all debt outstanding as of September 30, 2020, are as follows:


	Convertible Debt		Notes Payable		Other Notes Payable		Finance Lease Obligation
	(dollars in thousands)
2020	$	2,025	$	7,300	$	933	$	251
2021	4,050		23,548		593		1,396
2022	139,050		23,548		593		1,165
2023	—		23,548		72,593		411
2024	—		98,721		543		11
Thereafter	—		334,304		—		—
Subtotal	145,125		510,969		75,255		3,234
Less (a)	(22,640)		(203,532)		(2,002)		(202)
Total	$	122,485	$	307,437	$	73,253	$	3,032

(a)Amount necessary to reduce net minimum payments to present value calculated at the Company's implicit rate at inception. This amount also includes capitalized debt costs and the unamortized discount on the Company's convertible debt.