Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of Line of Credit Facilities [Line Items]

Schedule of Line of Credit Facilities [Table Text Block]

The following table summarizes the borrowing information under our Shelf Agreements at June 30, 2019:

	Total Borrowing Capacity		Less: Amount of Debt Issued			Less: Unfunded Commitments			Remaining Borrowing Capacity
(in thousands)
Shelf Agreement
Prudential Shelf Agreement	$	220,000	$	(70,000	)	$	(100,000	)	$	50,000
MetLife Shelf Agreement	150,000		—			—			150,000
NYL Shelf Agreement	150,000		(100,000		)	—			50,000
Total	$	520,000	$	(170,000	)	$	(100,000	)	$	250,000

Outstanding Long-Term Debt

Our outstanding long-term debt is shown below: 

	June 30,			December 31,
(in thousands)	2019			2018
FPU secured first mortgage bonds (1) :
9.08% bond, due June 1, 2022	$	7,988		$	7,986
Uncollateralized senior notes:
5.50% note, due October 12, 2020	4,000			4,000
5.93% note, due October 31, 2023	13,500			15,000
5.68% note, due June 30, 2026	20,300			23,200
6.43% note, due May 2, 2028	6,300			7,000
3.73% note, due December 16, 2028	20,000			20,000
3.88% note, due May 15, 2029	50,000			50,000
3.25% note, due April 30, 2032	70,000			70,000
3.48% note, due May 31, 2038	50,000			50,000
3.58% note, due November 30, 2038	50,000			50,000
Term Note due January 21, 2020	30,000			30,000
Term Note due February 28, 2020	30,000			—
Promissory notes	—			26
Finance lease obligation	—			1,310
Less: debt issuance costs	(564		)	(567		)
Total long-term debt	351,524			327,955
Less: current maturities	(75,600		)	(11,935		)
Total long-term debt, net of current maturities	$	275,924		$	316,020

⁽¹⁾ FPU secured first mortgage bonds are guaranteed by Chesapeake Utilities.