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Debt (Tables)
6 Months Ended
Jun. 30, 2019
Debt [Abstract]  
Schedule Of Debt







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



June 30, 2019

 

December 31, 2018

 

 



Outstanding

 

Average

 

Outstanding

 

Average

 

 



Current

 

Long-term

 

Interest

 

Current

 

Long-term

 

Interest

 

Maturity



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revolving credit

$

13,000 

 

$

391,500 

 

3.9%

 

$

4,200 

 

$

301,000 

 

4.2%

 

June 2023

Revolving credit facility - Rail (1)

 

 -

 

 

189,500 

 

3.9%

 

 

 -

 

 

272,500 

 

4.2%

 

October 2023

Revolving credit facility - Euro

 

 -

 

 

19,338 

 

2.0%

 

 

 -

 

 

19,457 

 

2.0%

 

September 2020

Term loan

 

1,800 

 

 

26,400 

 

4.6%

 

 

1,800 

 

 

27,300 

 

4.5%

 

April 2023

Term loan

 

107,250 

 

 

 -

 

4.0%

 

 

111,750 

 

 

 -

 

3.8%

 

October 2019

Term loan

 

7,000 

 

 

72,000 

 

4.3%

 

 

7,000 

 

 

75,500 

 

4.0%

 

June 2021

Term loan (1)

 

1,262 

 

 

14,647 

 

3.4%

 

 

1,240 

 

 

15,284 

 

3.4%

 

December 2020

Term loan (1)

 

2,962 

 

 

39,157 

 

3.6%

 

 

2,909 

 

 

40,651 

 

3.6%

 

August 2021

Term loan

 

6,000 

 

 

89,500 

 

4.6%

 

 

6,000 

 

 

92,500 

 

4.6%

 

October 2023

Senior secured notes

 

6,110 

 

 

49,720 

 

4.9%

 

 

6,110 

 

 

52,775 

 

4.9%

 

September 2022

Asset-backed notes 2012-1

 

17,100 

 

 

39,900 

 

3.5%

 

 

17,100 

 

 

48,450 

 

3.5%

 

October 2027

Asset-backed notes 2013-1

 

22,900 

 

 

62,975 

 

3.4%

 

 

22,900 

 

 

74,425 

 

3.4%

 

March 2028

Asset-backed notes 2017-1

 

25,307 

 

 

177,149 

 

3.7%

 

 

25,307 

 

 

189,802 

 

3.7%

 

June 2042

Asset-backed notes 2018-1

 

34,890 

 

 

267,490 

 

4.0%

 

 

34,890 

 

 

284,935 

 

4.0%

 

February 2043

Asset-backed notes 2018-2

 

34,350 

 

 

283,388 

 

4.4%

 

 

34,350 

 

 

300,563 

 

4.4%

 

September 2043

Collateralized financing obligations

 

32,939 

 

 

82,424 

 

1.5%

 

 

39,610 

 

 

67,615 

 

1.2%

 

December 2021

Term loans held by VIE

 

5,131 

 

 

33,887 

 

4.2%

 

 

1,456 

 

 

 -

 

3.3%

 

June 2019



 

318,001 

 

 

1,838,975 

 

 

 

 

316,622 

 

 

1,862,757 

 

 

 

 

Debt issuance costs

 

(4,937)

 

 

(13,117)

 

 

 

 

(5,241)

 

 

(15,124)

 

 

 

 

Total Debt

$

313,064 

 

$

1,825,858 

 

 

 

$

311,381 

 

$

1,847,633 

 

 

 

 



(1) These facilities will be repaid upon the sale of the railcar assets.