XML 45 R34.htm IDEA: XBRL DOCUMENT v3.20.2
Long-term Debt and Line of Credit (Details) - USD ($)
$ in Thousands
9 Months Ended
Feb. 11, 2020
Jun. 30, 2020
Feb. 10, 2020
Sep. 30, 2019
Long-term Debt and Line of Credit [Abstract]        
Long-term debt, gross   $ 119,685   $ 76,926
Less current portion   (8,435)   (11,124)
Less unamortized portion of debt issuance costs   (2,470)   (1,013)
Long-term debt, net   $ 108,780   $ 64,789
Multi-Draw Term Note Payable to Goldman Sachs Specialty Lending Group, L.P., Secured and Bearing Interest at 10.0% at June 30,2020 and September 30, 2019. the Note Requires Quarterly Principal Payments of 1.25% of the Aggregate Principal Balance Commencing on March 31,2022 and Maturing with a Full Repayment of the Remaining Balance on February 11, 2025 [Member]        
Long-term Debt and Line of Credit [Abstract]        
Face amount of debt $ 100,000   $ 60,000  
Maturity date   Feb. 11, 2025    
Interest rate   10.00%   10.00%
Increase in interest rate 2.00%      
Proceeds from term loan $ 35,300      
Long-term debt, gross   $ 104,144   $ 58,000
Quarterly principal payments of aggregate principal balance   1.25%    
Frequency of periodic payment   Quarterly    
Multi-Draw Term Note Payable to Goldman Sachs Specialty Lending Group, L.P., Secured and Bearing Interest at 10.0% at June 30,2020 and September 30, 2019. the Note Requires Quarterly Principal Payments of 1.25% of the Aggregate Principal Balance Commencing on March 31,2022 and Maturing with a Full Repayment of the Remaining Balance on February 11, 2025 [Member] | Maximum [Member]        
Long-term Debt and Line of Credit [Abstract]        
Accordion feature, amount $ 20,000      
Revolving Note Payable for an Amount up to $10.0 Million to Goldman Sachs Specialty Lending Group, L.P [Member]        
Long-term Debt and Line of Credit [Abstract]        
Maximum borrowing capacity   $ 10,000    
Long-term debt, gross   $ 0   0
Note Payable To Rambo Marine, Inc., Unsecured And Bearing Interest at 7.5% Per Annum. the Note Requires Annual Interest Payments, with a Balloon Payment of Principal Due on July 1, 2020 [Member]        
Long-term Debt and Line of Credit [Abstract]        
Maturity date   Jul. 01, 2020    
Interest rate   7.50%    
Long-term debt, gross   $ 3,133   3,133
Note Payable to Commercial Vehicle Lenders Secured by the Value of the Vehicles Bearing Interest at Rates Ranging From 0.0% to 8.9% Per Annum. the Note Requires Monthly Installment Payments of Principal and Interest Ranging from $100 to $5,600 Through May 2026 [Member]        
Long-term Debt and Line of Credit [Abstract]        
Maturity date   May 31, 2026    
Long-term debt, gross   $ 2,511   2,371
Frequency of periodic payment   Monthly    
Note Payable to Commercial Vehicle Lenders Secured by the Value of the Vehicles Bearing Interest at Rates Ranging From 0.0% to 8.9% Per Annum. the Note Requires Monthly Installment Payments of Principal and Interest Ranging from $100 to $5,600 Through May 2026 [Member] | Minimum [Member]        
Long-term Debt and Line of Credit [Abstract]        
Interest rate   0.00%    
Monthly installment payment amount   $ 100    
Note Payable to Commercial Vehicle Lenders Secured by the Value of the Vehicles Bearing Interest at Rates Ranging From 0.0% to 8.9% Per Annum. the Note Requires Monthly Installment Payments of Principal and Interest Ranging from $100 to $5,600 Through May 2026 [Member] | Maximum [Member]        
Long-term Debt and Line of Credit [Abstract]        
Interest rate   8.90%    
Monthly installment payment amount   $ 5,600    
Note Payable to Central Marine Services, Inc., Unsecured and Bearing Interest at 5.5% Per Annum, the Note Requires Monthly Interest Payments, with a Balloon Payment of Principal Due On February 1, 2022 [Member]        
Long-term Debt and Line of Credit [Abstract]        
Maturity date   Feb. 01, 2022    
Interest rate   5.50%    
Long-term debt, gross   $ 2,164   2,164
Note Payable to Ocean Blue Yacht Sales, Unsecured and Bearing Interest at 5.0% Per Annum, the Note Requires Quarterly Interest Payments, with a Balloon Payment of Principal Due on February 1, 2022 [Member]        
Long-term Debt and Line of Credit [Abstract]        
Maturity date   Feb. 01, 2022    
Interest rate   5.00%    
Long-term debt, gross   $ 1,920   1,920
Note Payable to Lab Marine, Inc., Unsecured and Bearing Interest at 6.0% Per Annum, the Note Requires Annual Interest Payments, with a Balloon Payment of Principal Due on March 1, 2021 [Member]        
Long-term Debt and Line of Credit [Abstract]        
Maturity date   Mar. 01, 2021    
Interest rate   6.00%    
Long-term debt, gross   $ 1,500   1,500
Note Payable to Slalom Shop, LLC, Unsecured and Bearing Interest at 5.0% Per Annum the Note Requires Quarterly Interest Payments, with a Balloon Payment of Principal Due on December 1, 2021 [Member]        
Long-term Debt and Line of Credit [Abstract]        
Maturity date   Dec. 01, 2021    
Interest rate   5.00%    
Long-term debt, gross   $ 1,271   1,271
Note Payable to Bosun's Marine, Inc., Unsecured and Bearing Interest at 4.5% Per Annum, the Note Requires Annual Interest Payments with a Balloon Payment Due on June 1, 2021 [Member]        
Long-term Debt and Line of Credit [Abstract]        
Maturity date   Jun. 01, 2021    
Interest rate   4.50%    
Long-term debt, gross   $ 1,227   1,227
Note Payable to Rebo, Inc., Unsecured and Bearing Interest at 5.5% Per Annum, the note Requires Annual Interest Payments with a Balloon Payment Due on April 1, 2021 [Member]        
Long-term Debt and Line of Credit [Abstract]        
Maturity date   Apr. 01, 2021    
Interest rate   5.50%    
Long-term debt, gross   $ 1,000   1,000
Note Payable to Texas Marine, Inc., Unsecured and Bearing Interest at 4.5% Per Annum, the Note Requires Annual Interest Payments, with a Balloon Payment of Principal Due on August 1, 2020 [Member]        
Long-term Debt and Line of Credit [Abstract]        
Maturity date   Aug. 01, 2020    
Interest rate   4.50%    
Long-term debt, gross   $ 815   815
Note Payable to Marina Mikes, LLC, Unsecured and Bearing Interest at 5.0% Per Annum [Member]        
Long-term Debt and Line of Credit [Abstract]        
Interest rate   5.00%    
Long-term debt, gross   $ 0   2,125
Note Payable to Sunrise Marine, Inc. and Sunrise Marine of Alabama, Inc., Unsecured and Bearing Interest at 6.0% Per Annum [Member]        
Long-term Debt and Line of Credit [Abstract]        
Interest rate   6.00%    
Long-term debt, gross   $ 0   $ 1,400
LIBOR [Member] | Multi-Draw Term Note Payable to Goldman Sachs Specialty Lending Group, L.P., Secured and Bearing Interest at 10.0% at June 30,2020 and September 30, 2019. the Note Requires Quarterly Principal Payments of 1.25% of the Aggregate Principal Balance Commencing on March 31,2022 and Maturing with a Full Repayment of the Remaining Balance on February 11, 2025 [Member] | Minimum [Member]        
Long-term Debt and Line of Credit [Abstract]        
Interest rate 1.50%      
LIBOR [Member] | Multi-Draw Term Note Payable to Goldman Sachs Specialty Lending Group, L.P., Secured and Bearing Interest at 10.0% at June 30,2020 and September 30, 2019. the Note Requires Quarterly Principal Payments of 1.25% of the Aggregate Principal Balance Commencing on March 31,2022 and Maturing with a Full Repayment of the Remaining Balance on February 11, 2025 [Member] | Maximum [Member]        
Long-term Debt and Line of Credit [Abstract]        
Debt instrument, variable interest rate 7.00%      
Revolving Credit Facility [Member]        
Long-term Debt and Line of Credit [Abstract]        
Maximum borrowing capacity $ 10,000   $ 5,000  
Maturity date   Feb. 11, 2025    
Increase in interest rate 2.00%      
Revolving Credit Facility [Member] | LIBOR [Member] | Minimum [Member]        
Long-term Debt and Line of Credit [Abstract]        
Interest rate 1.50%      
Revolving Credit Facility [Member] | LIBOR [Member] | Maximum [Member]        
Long-term Debt and Line of Credit [Abstract]        
Debt instrument, variable interest rate 7.00%