Debt.

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

DEBT.

6. DEBT.

Long-term borrowings are summarized as follows (in thousands):

	March 31, 2021			December 31, 2020
Kinergy line of credit	$	45,554		$	32,512
Pekin revolving loan		17,580			20,580
ICP revolving loan		9,384			9,384
Parent notes payable		20,001			25,533
CARES Act loans		9,860			9,860
		102,379			97,869
Less unamortized debt premium		174			230
Less unamortized debt financing costs		(576	)		(759	)
Less short-term portion		(37,581	)		(25,533	)
Long-term debt	$	64,396		$	71,807

Parent Notes Payable – On May 14, 2021, with proceeds from the Company’s sale of its Madera, California facility, it repaid $19.3 million of principal on its notes payable, with $0.7 million remaining.

Maturities of Long-term Debt – The Company’s long-term debt matures as follows (in thousands):

December 31:
2021	$	20,001
2022		82,378
	$	102,379

Restrictions – At March 31, 2021, there were approximately $231.9 million of net assets at the Company’s subsidiaries that were not available to be transferred to Alto Ingredients, Inc. in the form of dividends, loans or advances due to restrictions contained in the credit facilities of the Company’s subsidiaries.