Debt and Finance Lease Obligations (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of Long-term Debt and Finance Obligations

The components of debt and finance obligations consisted of the following:

	December 31,
(in thousands, except interest rates)	2022			2021
2021 Credit Facility - Term Loan B, 9.4% interest rate at December 31, 2022 and 5.5% at December 31, 2021, due through 2028(1)	$	395,000		$	399,000
Forest Park Hotel Construction Loan Facility, 8.8% interest rate at December 31, 2022, due through 2027(1)		11,491			—
FlyOver Iceland Credit Facility, 6.9% interest rate at December 31, 2022 and 4.9% at December 31, 2021, due through 2027(1)		4,965			5,566
FlyOver Iceland Term Loans, 10.1% weighted-average interest rate at December 31, 2022 and 3.8% at December 31, 2021, due through 2024(1)		594			689
Less unamortized debt issuance costs		(11,848	)		(14,804	)
Total debt		400,202			390,451
Finance lease obligations, 9.1% weighted-average interest rate at December 31, 2022 and December 31, 2021, due through 2067		64,729			63,401
Financing arrangements		5,013			5,528
Total debt and finance obligations(2)(3)		469,944			459,380
Current portion		(13,192	)		(12,800	)
Long-term debt and finance obligations	$	456,752		$	446,580

(1)Represents the weighted-average interest rate in effect as of the end of the respective periods, including any applicable margin. The interest rates do not include amortization of debt issuance costs or commitment fees.

(2)The weighted-average interest rate on total debt (including unamortized debt issuance costs and commitment fees) was 9.3% for 2022, 6.4% for 2021 and 4.6% for 2020. The estimated fair value of total debt and finance leases was $301.8 million as of December 31, 2022 and $328.9 million as of December 31, 2021. The fair value of debt was estimated by discounting the future cash flows using rates currently available for debt of similar terms and maturity, which is a Level 2 measurement. Refer to Note 13 – Fair Value Measurements.

(3)Cash paid for interest on debt was $34.3 million during 2022, $25.9 million during 2021, and $14.0 million during 2020.

Schedule of Aggregate Annual Maturities of Long-term Debt

Aggregate annual maturities of debt (excluding finance obligations) as of December 31, 2022 are as follows:

(in thousands)	Credit Facilities
Year ending December 31,
2023	$	5,201
2024		5,931
2025		5,480
2026		5,480
2027		14,958
Thereafter		375,000
Total	$	412,050