Long-term debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt Instruments [Abstract]

Schedule of long term debt

The Company’s long-term debt consists of the following (in thousands):

	December 31, 2022			December 31, 2021
Experience Vessel Financing	$	136,119		$	148,500
2017 Bank Loans		83,640			91,570
EE Revolver		—			—
Total debt		219,759			240,070
Less unamortized debt issuance costs		(5,450	)		(6,655	)
Total debt, net		214,309			233,415
Less current portion, net		(20,913	)		(19,046	)
Total long-term debt, net	$	193,396		$	214,369

Schedule of variable rate debt obligation

The following table shows the range of interest rates and weighted average interest rates incurred on our variable-rate debt obligations during the years ended December 31, 2022, 2021 and 2020.

	2022		2021		2020
	Range	Weighted Average	Range	Weighted Average	Range	Weighted Average
Experience Vessel Financing	3.5% – 6.8%	4.8%	4.3% – 4.4%	4.4%	4.4% – 6.1%	5.1%
2017 Bank Loans	2.6% – 7%	5.2%	2.6% – 4.7%	4.3%	3.6% – 6.5%	5.4%
EE Revolver	3.9% – 3.9%	3.9%	N/A	N/A	N/A	N/A

Summary of Future principal payments on long-term debt outstanding

Future principal payments on long-term debt outstanding as of December 31, 2022 are as follows (in thousands):

2023	$	22,002
2024		22,693
2025		23,435
2026		24,239
2027		25,081
Thereafter		102,309
Total debt, net	$	219,759