XML 35 R11.htm IDEA: XBRL DOCUMENT v3.20.1
Finance Revenue and Costs
12 Months Ended
Dec. 31, 2019
Analysis Of Income And Expense [Abstract]  
Finance Revenue and Costs

6. 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:

 

 

Years ended December 31

 

($000s)

 

2019

 

 

2018

 

Interest on long-term debt

 

 

3,211

 

 

 

4,275

 

Interest on borrowing base facility

 

 

427

 

 

 

440

 

Amortization of deferred financing costs

 

 

368

 

 

 

360

 

Interest on lease obligations

 

 

250

 

 

 

-

 

Finance costs

 

 

4,256

 

 

 

5,075

 

Interest paid

 

 

(3,664

)

 

 

(4,767

)