Long-term debt, net (Tables)

3 Months Ended

Mar. 31, 2024

Debt Instruments [Abstract]

Schedule of long term debt

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

	March 31, 2024			December 31, 2023
Term Loan Facility	$	180,742		$	185,430
Experience Vessel Financing		120,656			123,750
2017 Bank Loans		72,157			74,013
EE Revolver		—			—
Total debt		373,555			383,193
Less unamortized debt issuance costs		(6,645	)		(7,212	)
Total debt, net		366,910			375,981
Less current portion, net		(44,383	)		(42,614	)
Total long-term debt, net	$	322,527		$	333,367

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 three months ended March 31, 2024.

	For the three months ended March 31, 2024
	Range	Weighted Average
Experience Vessel Financing	8.8%	8.8%
2017 Bank Loans (1)	8.3% – 10.2%	9.8%
Term Loan Facility (2)	8.4%	8.4%
EE Revolver	N/A	N/A

(1)Weighted average interest rate, net of the impact of settled derivatives, was 7.0% for the three months ended March 31, 2024.

(2)Weighted average interest rate, net of the impact of settled derivatives, was 6.9% for the three months ended March 31, 2024.