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Debt (Tables)
 9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Debt
A summary of debt at September 30, 2022 and December 31, 2021 is as follows (in thousands):

September 30, 2022December 31, 2021
Revolving Credit Facility (1)
$— $— 
Senior Secured Term Loan Agreement due 2040,
   with an interest rate of 5.24% (2)
11,680 12,160 
Senior Secured Term Loan Agreement due 2037,
   with an interest rate of 5.39% (3)
7,500 7,875 
Unamortized loan fees(99)(108)
Total debt19,081 19,927 
Less current portion of long-term debt1,128 1,128 
Long-term debt due after one year, net$17,953 $18,799 
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(1)    The Revolving Credit Facility is comprised of a revolving loan facility (the “Revolving Loan”) and a term revolving loan facility (the “Term Revolving Loan”), which together are secured by substantially all of Crimson’s assets. The Revolving Loan is for up to $10.0 million of availability in the aggregate for a five year term, and the Term Revolving Loan is for up to $50.0 million in the aggregate for a fifteen year term. In addition to unused line fees ranging from 0.15% to 0.25%, rates for the borrowings are priced based on a performance grid tied to certain financial ratios and a base rate or the London Interbank Offered Rate, as applicable.
(2)    Pine Ridge Winery, LLC, a wholly-owned subsidiary of Crimson, is party to a senior secured term loan agreement due on October 1, 2040 (the “2015 Term Loan”). Principal and interest are payable in quarterly installments.
(3)    Double Canyon Vineyards, LLC, a wholly-owned subsidiary of Crimson, is party to a senior secured term loan agreement due on July 1, 2037 (the “2017 Term Loan”). Principal and interest are payable in quarterly installments.
Schedule of Maturities of Long-term Debt
A summary of debt maturities as of September 30, 2022 is as follows (in thousands):
Principal due the remainder of 2022$285 
Principal due in 20231,140 
Principal due in 20241,140 
Principal due in 20251,140 
Principal due in 20261,140 
Principal due thereafter14,335 
Total$19,180