Outstanding Long-Term Debt |
Our outstanding long-term debt is shown below: | | | | | | | | | | As of December 31, | | 2015 | | 2014 | (in thousands) | | | | FPU secured first mortgage bonds: | | | | 9.08% bond, due June 1, 2022 | $ | 7,973 |
| | $ | 7,969 |
| Uncollateralized Senior Notes: | | | | 6.64% note, due October 31, 2017 | 5,456 |
| | 8,182 |
| 5.50% note, due October 12, 2020 | 10,000 |
| | 12,000 |
| 5.93% note, due October 31, 2023 | 24,000 |
| | 27,000 |
| 5.68% note, due June 30, 2026 | 29,000 |
| | 29,000 |
| 6.43% note, due May 2, 2028 | 7,000 |
| | 7,000 |
| 3.73% note, due December 16, 2028 | 20,000 |
| | 20,000 |
| 3.88% note, due May 15, 2029 | 50,000 |
| | 50,000 |
| Promissory notes | 238 |
| | 314 |
| Capital lease obligation | 4,824 |
| | 6,130 |
| Total long-term debt | 158,491 |
| | 167,595 |
| Less: current maturities | (9,151 | ) | | (9,109 | ) | Total long-term debt, net of current maturities | $ | 149,340 |
| | $ | 158,486 |
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Annual maturities and principal repayments of consolidated long-term debt, excluding the capital lease obligation, are as follows: $9,151 for 2016; $12,099 for 2017; $9,421 for 2018; $11,245 for 2019; $15,600 for 2020 and $101,000 thereafter. See Note 14, Lease obligations for future payments related to the capital lease obligation.
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