Debt and obligations under capital lease (Tables)

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Schedule of long-term debt and obligations under capital lease

Long-term debt and obligations under capital lease consist of the following:

	March 31, 2017	December 31, 2016
	$’000	$’000
Loans from banks and other parties collateralized by tangible and intangible personal property and real estate with a maturity of three to four years (2016 - two to five years), with a weighted average interest rate of 4.27% (2016 - 4.27%)	602,777	602,083
Obligations under capital lease	13	19
Total long-term debt and obligations under capital lease	602,790	602,102
Less: Current portion	5,307	5,284
Less: Discount on secured term loan	1,434	1,515
Less: Debt issuance costs	8,948	9,535
Non-current portion of long-term debt and obligations under capital lease	587,101	585,768

Summary of the aggregate maturities of long-term debt including obligations under capital lease

The following is a summary of the aggregate maturities of consolidated long-term debt, including obligations under capital lease, at March 31, 2017:

	$’000
Remainder of 2017	3,636
2018	5,311
2019	117,322
2020	5,337
2021	471,184
2022 and thereafter	—
Total long-term debt and obligations under capital lease	602,790