Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2017

Our outstanding long-term debt is shown below:



	As of December 31,
(in thousands)	2017			2016
FPU secured first mortgage bonds:
9.08% bond, due June 1, 2022	$	7,982		$	7,978
Uncollateralized Senior Notes:
6.64% note, due October 31, 2017	—			2,727
5.50% note, due October 12, 2020	6,000			8,000
5.93% note, due October 31, 2023	18,000			21,000
5.68% note, due June 30, 2026	26,100			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			50,000
3.25% note, due April 30, 2032	70,000			—
Promissory notes	97			168
Capital lease obligation	2,070			3,471
Less: debt issuance costs	(433		)	(291		)
Total long-term debt	206,816			149,053
Less: current maturities	(9,421		)	(12,099		)
Total long-term debt, net of current maturities	$	197,395		$	136,954

Annual maturities and principal repayments of long-term debt, excluding the capital lease obligation, are as follows: $8.0 million for 2018; $10.6 million for 2019; $15.6 million for 2020; $13.6 million for 2021; $25.1 million for 2022 and $132.3 million thereafter. See Note 14, Lease Obligations, for future payments related to the capital lease obligation.