XML 33 R12.htm IDEA: XBRL DOCUMENT v3.19.1
Finance Revenue and Costs
12 Months Ended
Dec. 31, 2018
Analysis of income and expense [abstract]  
Finance Revenue and Costs
FINANCE REVENUE AND COSTS

Finance revenue relates to interest earned on the Company’s bank account balances and term deposits.

Finance costs recognized in net earnings (loss) were as follows:
($000s)
 
2018

 
2017

Interest on convertible debenture1
 
$

 
$
1,089

Interest on long-term debt (Note 17)
 
4,275

 
3,994

Interest on note payable2
 

 
532

Interest on reserves-based lending facility (Note 17)
 
440

 
289

Amortization of deferred financing costs
 
360

 
329

Finance costs
 
$
5,075

 
$
6,233

1  The convertible debentures matured on March 31, 2017 and were repaid in full on that date for their aggregate face value of C$97.8 million ($73.4 million).
2  The Company repaid the outstanding vendor take-back note balance of C$13.6 million ($10.0 million) on May 16, 2017.