Other Financial Liabilities

12 Months Ended

Dec. 31, 2019

Other Financial Liabilities [Abstract]

Other Financial Liabilities

15.Other Financial Liabilities

The following is a summary of other financial liabilities at December 31, 2019:

(US$ thousands)	Principal
Collateralized notes payable to equipment financing companies, payable in aggregate monthly instalments ranging from $ 4 to $124 through September 19, 2021. Interest is payable at fixed rates ranging up to 5.5% per annum	$	4,039
Unsecured notes payable to insurance premium finance company, payable in aggregate monthly instalments ranging from $ 372 to $467 with a fixed rate ranging up to 3.80% per annum		3,401
Total other financial liabilities		7,440
Less current instalments		5,894
Other financial liabilities, excluding current instalments	$	1,546

The following table presents remaining aggregate contractual maturities for the above:

(US$ thousands)	December 31, 2019
2020	$	5,894
2021		1,546
Thereafter		—
Total debt	$	7,440

The following is a summary of other financial liabilities at December 31, 2018:

(US$ thousands)	Principal
Collateralized notes payable to equipment financing companies, payable in aggregate monthly instalments ranging from $ 1 to $124 through September 19, 2021. Interest is payable at fixed rates ranging up to 5.5% per annum	$	7,297
Unsecured notes payable to insurance premium finance company, payable in aggregate monthly instalments ranging from $ 478 to $584 with a fixed rate ranging up to 3.30% per annum		4,504
Total other financial liabilities		11,801
Less current instalments		7,728
Other financial liabilities, excluding current instalments	$	4,073

*See Note 10, Other Assets, for debt issuance costs related to the revolving credit facility.

The other financial liabilities to equipment financing companies are collateralized by the equipment being financed plus certain other equipment owned by the Company.