Long-term Debt (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Schedule of Long-term Debt Obligations

The Company’s long-term debt obligations as of March 31, 2021 and December 31, 2020 were as follows (in thousands):

	March 31, 2021			December 31, 2020
Recourse Long-term debt(1):
Convertible Senior Notes	$	125,000		$	125,000
SEACOR Marine Foreign Holdings Credit Facility		96,220			100,750
Sea-Cat Crewzer III Term Loan Facility		20,415			21,653
SEACOR Offshore Delta (f/k/a SEACOSCO) Acquisition Debt		19,705			19,705
SEACOR Delta (f/k/a SEACOSCO) Shipyard Financing		93,094			95,317
SEACOR Alpine Shipyard Financing		30,792			31,103
SEACOR 88/888 Term Loan		5,500			5,500
Total recourse Long-term debt		390,726			399,028
Non-recourse Long-term debt(2):
Falcon Global USA Term Loan Facility		102,349			102,349
Falcon Global USA Revolver		15,000			15,000
SEACOR 88/888 Term Loan		5,500			5,500
Total non-recourse Long-term debt		122,849			122,849
Total principal due for long-term debt		513,575			521,877
Current portion due within one year		(34,888	)		(32,377	)
Unamortized debt discount		(42,972	)		(44,864	)
Deferred financing costs		(3,866	)		(4,126	)
Long-term debt, less current portion	$	431,849		$	440,510

(1) Recourse debt represents debt issued by SEACOR Marine and/or its subsidiaries and guaranteed by SEACOR Marine as defined in the relevant debt agreements.

(2) Non-recourse debt represents debt issued by the Company’s Consolidated Subsidiaries with no recourse to SEACOR Marine or its other non-debtor subsidiaries, other than certain limited support obligations as defined in the respective debt agreements, which in aggregate are not considered to be material to the Company’s business and financial condition.