Debt and Finance Lease Obligations (Tables)

6 Months Ended

Jun. 30, 2019

Debt Disclosure [Abstract]

Schedule of Long-term Debt and Finance Lease Obligations

The components of our long-term debt and finance lease obligations consisted of the following:

	June 30,			December 31,
(in thousands, except interest rates)	2019			2018
2018 Credit Facility, 4.1% weighted-average interest rate at June 30, 2019 and 4.3% at December 31, 2018, due through 2023(1)	$	311,244		$	227,792
FlyOver Iceland Credit Facility, 4.9% weighted-average interest rate at June 30, 2019, due through 2022(1)		4,552			—
Less unamortized debt issuance costs		(2,053	)		(2,310	)
Total debt (2)		313,743			225,482
Finance lease obligations, 5.2% weighted-average interest rate at June 30, 2019 and 4.5% at December 31, 2018, due through 2021		10,782			4,639
Total debt and finance lease obligations (3)		324,525			230,121
Current portion (4)		(313,937	)		(229,416	)
Long-term debt and finance lease obligations	$	10,588		$	705

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

⁽²⁾ The estimated fair value of total debt was $316.6 million as of June 30, 2019 and $228.6 million as of December 31, 2018. 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 $5.7 million for the six months ended June 30, 2019 and $4.1 million for the six months ended June 30, 2018.

⁽⁴⁾ Borrowings under the credit facilities are classified as current because all borrowed amounts are due within one year