DEBT, NET (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Our debt, net is summarized as follows:

	March 31, 2020				December 31, 2019
	Outstanding Borrowings		Stated Interest Rate	Maturity Date	Outstanding Borrowings
Loans payable
FTAI Pride Credit Agreement	$	—	N/A	N/A	$	36,009
Revolving Credit Facility (1)	40,000		(i) Base Rate + 2.00%; or (ii) Adjusted Eurodollar Rate + 3.00%	1/31/2022	—
Jefferson Revolver	—		N/A	N/A	50,000
DRP Revolver (2)	25,000		(i) Base Rate + 1.50%; or (ii) Base Rate + 2.50% (Eurodollar)	11/5/2021	25,000
Total loans payable	65,000				111,009
Bonds payable
Series 2012 Bonds (3)	—		N/A	N/A	41,059
Series 2016 Bonds	—		N/A	N/A	144,200
Series 2020 Bonds	263,980		See below	See below	—
Senior Notes due 2022 (4)	698,008		6.75%	3/15/2022	697,814
Senior Notes due 2025 (5)	445,137		6.50%	10/1/2025	444,957
Total bonds payable	1,407,125				1,328,030
Debt	1,472,125				1,439,039
Less: Debt issuance costs	(26,390)				(18,111)
Total debt, net	$	1,445,735			$	1,420,928
Total debt due within one year	$	—			$	182,019

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⁽¹⁾ 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.

⁽²⁾ 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.

⁽³⁾ Includes unamortized premium of $1,509 as of December 31, 2019.

⁽⁴⁾ Includes unamortized discount of $4,893 and $5,429 at March 31, 2020 and December 31, 2019, respectively, and an unamortized premium of $2,901 and $3,243 at March 31, 2020 and December 31, 2019, respectively.

⁽⁵⁾ Includes unamortized discount of $4,863 and $5,043 at March 31, 2020 and December 31, 2019, respectively.