Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt consists of the following (with interest rates as of December 31, 2019 and December 31, 2018):

December 31,	2019		2018
Notes due December 31, 2025, 4.0%(a)	$	86,497	$	86,497
Credit Agreements due through 2022, 5.0%(b)		34,186		29,595
Total debt		120,683		116,092
Less: current maturities		12,845		7,198
Long-Term Debt	$	107,838	$	108,894

(a) On December 24, 2018, Air Wisconsin entered into a debt restructuring agreement with a lender (Lender), which held certain senior aircraft notes and subordinated aircraft notes. Under the agreement the senior aircraft notes were exchanged for Notes in the aggregate principal amount of $70,000 (Aircraft Notes) and the subordinated aircraft notes were cancelled. The Aircraft Notes bear interest at the rate of 4% per annum. Air Wisconsin concluded the restructuring should be classified as a troubled debt restructuring and, as such, future undiscounted interest payments of $16,497 were capitalized as part of the carrying value of the debt.

(b) Air Wisconsin entered into a credit agreement with the Lender in June 2017 in the amount of $14,397, and a second credit agreement in January 2018 in the amount of $15,198, which was subsequently amended in December 2018 and again in June 2019 for additional funding of $5,755 and $6,034, respectively, and to extend the maturity date. The loans made by the Lender under these two credit agreements (Other Loans) have an interest rate of 5% and maturity dates of December 31, 2020 and June 30, 2022, respectively.

Schedule of Maturities of Long-Term Debt

Maturities of long-term debt for the years subsequent to December 31, 2019, are as follows:

Fiscal Year	Amount
2020	$	12,845
2021		22,758
2022		23,410
2023		9,170
2024		8,890
Thereafter		43,610
Total	$	120,683