Debt

The Company has debt outstanding primarily within its real estate and agribusiness operations. As of September 30, 2013, the Company was in compliance with all debt covenants. However, if the Company’s canola business continues to report losses, it is possible the Company could breach one or more of the debt covenants which would require obtaining a waiver from the lenders, or it could require the Company to invest additional capital into the business. As of September 30, 2013, the Company had approximately $19.8 million of unused lines of credit within the real estate operations and $21.3 million in agribusiness operations.

The following details the Company’s consolidated debt (in thousands):



	September 30, 2013		December 31, 2012
Agribusiness Term Loan:
4.75% payments through 2017	$	85,025	$	89,500
Agribusiness Working Capital:
6% payments through 2017	5,750		5,000
Swiss Debt:
3.7% payments through 2014	13,821		13,655
3.8% payments through 2014	3,317		3,277
Mortgages:
3.9% to 4.75% payments through 2014	16,270		5,551
5% to 5.5% payments due from 2014 - 2016	12,893		425
6% to 6.5% payments through 2036	8,662		15,531
8% payments through 2013	464		464
10% payments through 2013	7,120		7,605
	$	153,322	$	141,008