Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

On March 31, 2022 and December 31, 2021, the Company’s consolidated long-term debt balance comprised the following ($ in thousands):

	March 31, 2022		December 31, 2021
Term Loan - Hawaii Gas	$	80,000	$	80,000
Term Loan - Solar Facilities in Hawaii	12,424		12,698
2.00% Convertible Senior Notes	6,821		6,821
Total	99,245		99,519
Current portion	(1,118)		(1,107)
Long-term portion	98,127		98,412
Unamortized debt financing costs(1)	(684)		(757)
Long-term portion less unamortized debt discount and debt financing costs	$	97,443	$	97,655

___________

(1)The weighted average remaining life of the debt financing costs on March 31, 2022 was 2.7 years.

Schedule of Interest Expense

Interest expense related to the 2.00% Convertible Senior Notes consisted of the following ($ in thousands):

	Quarter Ended March 31,
	2022		2021
Contractual interest expense	$	34	$	1,754
Amortization of debt financing cost	—		345
Write-off of debt financing cost	—		3,644
Total interest expense	$	34	$	5,743