XML 1051 R29.htm IDEA: XBRL DOCUMENT v3.19.1
Debt: (Tables)
12 Months Ended
Dec. 31, 2018
Debt:  
Schedule of maturities for long-term debt and capital lease obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(dollars in thousands)

 

    

2019

    

2020

    

2021

    

2022

    

2023

FFB

 

$

164,782

 

$

180,107

 

$

185,476

 

$

189,176

 

$

195,483

FMBs

 

 

351,010

 

 

1,010

 

 

1,010

 

 

1,010

 

 

1,010

PCBs(1)

 

 

 —

 

 

133,550

 

 

93,379

 

 

18,676

 

 

 —

CFC

 

 

1,035

 

 

391

 

 

 —

 

 

 —

 

 

 —

 

 

$

516,827

 

$

315,058

 

$

279,865

 

$

208,862

 

$

196,493

Capital Leases

 

 

5,462

 

 

6,082

 

 

6,772

 

 

7,541

 

 

8,398

Total

 

$

522,289

 

$

321,140

 

$

286,637

 

$

216,403

 

$

204,891

 

(1)

In addition to regularly scheduled principal payments included are amounts that would be due if the letters of credit supporting the Series 2009 and Series 2010 bonds were drawn upon and became payable in accordance with their terms, such as would occur if the credit facility the letters of credit were issued under was not renewed or extended at its expiration date. These amounts equal $133.6 million in 2020,  $93.4 million in 2021 and $18.7 million in 2022. We anticipate extending these credit facilities before their expiration. The nominal maturities of the Series 2009 and Series 2010 pollution control bonds range from 2030 through 2038.

Schedule of long-term debt outstanding and the associated unamortized debt issuance costs and debt discounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

2017

 

 

 

 

Unamortized Debt

 

 

 

Unamortized Debt

 

 

 

 

 

Issuance Costs and

 

 

 

 

Issuance Costs and

 

    

Principal

    

Debt Discounts

    

Principal

    

Debt Discounts

 

 

(dollars in thousands)

FFB

 

$

4,372,422

 

$

50,210

 

$

4,192,450

 

$

51,593

FMBs

 

 

3,556,062

 

 

41,509

 

 

3,057,072

 

 

34,673

PCBs

 

 

980,770

 

 

11,612

 

 

980,770

 

 

9,347

CFC

 

 

1,426

 

 

 —

 

 

2,411

 

 

 —

 

 

$

8,910,680

 

$

103,331

 

$

8,232,703

 

$

95,613