DEBT, NET (Tables)

9 Months Ended

Sep. 30, 2019

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Our debt, net is summarized as follows:

	September 30, 2019					December 31, 2018
	Outstanding Borrowings			Stated Interest Rate	Maturity Date	Outstanding Borrowings
Loans payable
FTAI Pride Credit Agreement (1)	$	43,056		LIBOR + 4.50%	9/16/2020	$	47,743
CMQR Credit Agreement	23,275			(i) Adjusted LIBOR + 2.50% or 4.50%; or (ii) U.S. or Canadian Base Rate + 1.50% or 3.50%; or (iii) Canadian Fixed Rate + 2.50% or 4.50%	5/8/2022	22,265
Revolving Credit Facility (2)	30,000			(i) Base Rate + 2.00%; or (ii) Adjusted Eurodollar Rate + 3.00%	1/31/2022	100,000
Jefferson Revolver (2)	50,000			(i) Base Rate + 1.50%; or (ii) Base Rate + 2.50% (Eurodollar)	3/7/2021	49,805
DRP Revolver (3)	25,000			(i) Base Rate + 1.50%; or (ii) Base Rate + 2.50% (Eurodollar)	11/5/2021	—
LREG Credit Agreement (4)	104,438			First Lien Credit Agreement: 7.30% LC Facility: Base Rate + 2.50% to 3.50% Second Lien Credit Agreement: Base Rate + 7.50%	2/15/2022 to 6/30/2028	—
Total loans payable	275,769					219,813
Bonds payable
Series 2012 Bonds (5)	41,080			8.25%	7/1/2032	42,797
Series 2016 Bonds (6)	144,200			7.25%	2/1/2036	144,200
Senior Notes due 2022 (7)	697,625			6.75%	3/15/2022	549,405
Senior Notes due 2025 (8)	444,780			6.50%	10/1/2025	295,642
Total bonds payable	1,327,685					1,032,044
Debt	1,603,454					1,251,857
Less: Debt issuance costs	(21,192		)			(14,510		)
Total debt, net	$	1,582,262				$	1,237,347
Total debt due within one year	$	189,066				$	71,678

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⁽¹⁾ Secured on a first priority basis by the offshore vessel.

⁽²⁾ Requires a quarterly commitment fee at a rate of 0.50% on the average daily unused portion, as well as customary letter of credit fees and agency fees.

⁽³⁾ Requires a quarterly commitment fee at a rate of 0.875% on the average daily unused portion, as well as customary letter of credit fees and agency fees.

⁽⁴⁾ Requires a quarterly commitment fee on the average daily unused portion at a rate of 1.50% for the First Lien Credit Agreement and LC Facility and 1.00% for the Second Lien Credit Agreement, as well as customary letter of credit fees and agency fees.

⁽⁵⁾ Includes unamortized premium of $1,530 and $1,577 at September 30, 2019 and December 31, 2018, respectively.

⁽⁶⁾ These bonds have a stated maturity of February 1, 2036 but are subject to mandatory tender for purchase at par, by our subsidiary, on February 13, 2020 if they have not been repurchased from proceeds of a remarketing of the bonds or redeemed prior to such date.

⁽⁷⁾ Includes unamortized discount of $5,954 and $5,154 at September 30, 2019 and December 31, 2018, respectively, and an unamortized premium of $3,579 and $4,559 at September 30, 2019 and December 31, 2018, respectively.

⁽⁸⁾ Includes unamortized discount of $5,220 and $4,358 at September 30, 2019 and December 31, 2018, respectively.