Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2014

Our outstanding long-term debt is shown below:



	As of December 31,
	2014			2013
(in thousands)
FPU secured first mortgage bonds:
9.08% bond, due June 1, 2022	7,969			7,967
Uncollateralized senior notes:
7.83% note, due January 1, 2015	—			2,000
6.64% note, due October 31, 2017	8,182			10,909
5.50% note, due October 12, 2020	12,000			14,000
5.93% note, due October 31, 2023	27,000			30,000
5.68% note, due June 30, 2026	29,000			29,000
6.43% note, due May 2, 2028	7,000			7,000
3.73% note, due December 16, 2028	20,000			20,000
3.88% note, due May 15, 2029	50,000			—
Convertible debentures:
8.25% due March 1, 2014	—			646
Promissory notes	314			445
Capital lease obligation	6,130			6,978
Total long-term debt	167,595			128,945
Less: current maturities	(9,109		)	(11,353		)
Total long-term debt, net of current maturities	$	158,486		$	117,592

Annual maturities and principal repayments of consolidated long-term debt, excluding the capital lease obligation, are as follows: $9,109 for 2015; $9,151 for 2016; $12,099 for 2017; $9,421 for 2018; $11,245 for 2019 and $116,600 thereafter. See Note 14, Lease obligations for future payments related to the capital lease obligation.