Convertible Debt and Notes Payable (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Debt and Capital Lease Obligations

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




	As of December 31,
	2020		2019
	(dollars in thousands)
Convertible debt	$	80,808	$	118,688
Notes payable	307,653		306,818



Term loans	—		32,180
Other notes payable	72,505		2,516
Finance lease obligations	2,909		3,937
	$	463,875	$	464,139

Direct Financing Lease, Lease Income [Table Text Block]

For the years ended December 31, 2020 and 2019, quantitative information regarding the Company's finance lease obligations reflected in the accompanying consolidated statements of operations, the supplemental cash flow information and certain other information related to finance leases were as follows:


	Year Ended December 31,
		2020			2019
		(dollars in thousands)
Lease cost
Finance lease cost:
Amortization of finance lease right-of-use assets		$	1,232		$	1,266
Interest on lease liabilities		$	171		$	227
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases		$	171		$	227
Financing cash flows from finance leases		$	1,033		$	1,266

Weighted average remaining lease term - operating leases (in years)		2.24			3.21
Weighted average discount rate - operating leases		4.89		%	4.88		%

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 December 31, 2020, are as follows:


	Convertible Debt		Notes Payable		Other Notes Payable		Finance Lease Obligation
	(dollars in thousands)
2021	$	2,644	$	23,548	$	4,858	$	1,483
2022	90,763		23,548		593		1,167
2023	—		23,548		72,593		411
2024	—		98,721		543		11
2025	—		17,893		—		—
Thereafter	—		316,411		—		—
Subtotal	93,407		503,669		78,587		3,072
Less (a)	(12,599)		(196,016)		(6,082)		(163)
Total	$	80,808	$	307,653	$	72,505	$	2,909

(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.