Convertible Debt and Notes Payable (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of Debt and Capital Lease Obligations

As of March 31, 2021 and December 31, 2020, the Company's outstanding debt was as follows:



	As of March 31, 2021		As of December 31, 2020


	(dollars in thousands)
Convertible debt	$	81,682	$	80,808
Notes payable	173,656		307,653

Term loan	291,303		—


Other notes payable	74,982		72,505
Finance lease obligations	2,578		2,909
	$	624,201	$	463,875

Direct Financing Lease, Lease Income [Table Text Block]

For the three months ended March 31, 2021 and 2020, 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 March 31,
		2021			2020
		(dollars in thousands)
Lease cost
Finance lease cost:
Amortization of finance lease right-of-use assets		$	309		$	308
Interest on lease liabilities		$	34		$	49
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases		$	34		$	49
Financing cash flows from finance leases		$	332		$	314

Weighted average remaining lease term - operating leases (in years)		2.01			2.97
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 March 31, 2021, are as follows:


	Convertible Debt		Notes Payable		Term Loan		Other Notes Payable		Finance Lease Obligation
	(dollars in thousands)
2021	$	2,644	$	11,468	$	11,205	$	7,207	$	1,117
2022	90,763		13,405		14,835		593		1,168
2023	—		13,405		14,715		72,593		411
2024	—		88,578		14,595		543		11
2025	—		7,750		14,475		—		—
Thereafter	—		158,125		310,163		—		—
Subtotal	93,407		292,731		379,988		80,936		2,707
Less (a)	(11,725)		(119,075)		(88,685)		(5,954)		(129)
Total	$	81,682	$	173,656	$	291,303	$	74,982	$	2,578

(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.