Financing Activity (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Schedule Of Credit Facility Interest Expense and Deferred Financing Fee Amortization

Interest expense and deferred financing fee amortization related to the Credit Agreements and the Restructured Credit Agreements for the three and six months ended June 30, 2022 and 2021 were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands of dollars)	2022		2021		2022		2021
Revolving Facilities:
Interest expense (1)	$	551	$	554	$	1,092	$	1,103
Deferred financing amortization		298		299		597		597
Term Loans:
Interest expense (2)		21,070		20,744		41,518		41,165
Deferred financing amortization		1,784		1,781		3,568		3,561

(1)All of the expense applied to the First Lien Revolving Facility.

(2)All of the expense applied to the Term Loans, of which $13.4 million and $25.9 million, for the three and six months ended June 30, 2022 and $11.9 million and $23.4 million for the three and six months ended June 30, 2021, respectively, was for the Second Lien Term Loan Facility and was not paid in cash, but capitalized to the principal balance of the loan.

Carrying and Fair Values of Mortgage Loans

The estimated fair values of our consolidated mortgage loans based on year-end interest rates and market conditions at June 30, 2022 and December 31, 2021 were as follows:

	June 30, 2022				December 31, 2021
(in millions of dollars)	Carrying Value		Fair Value		Carrying Value		Fair Value
Mortgage loans(1)	$	810.0	$	817.9	$	852.5	$	846.6

(1) The carrying value of mortgage loans excludes unamortized debt issuance costs of $1.4 million and $1.2 million as of June 30, 2022 and December 31, 2021, respectively.

Summary of Mortgage Payments

The following table represents mortgage payments which will come due during the following periods:

(in thousands of dollars)
July 1 to December 31, 2022	$	406,127
2023		188,109
2024		215,752
2025		-
2026		-
Thereafter		-
	$	809,988