XML 88 R78.htm IDEA: XBRL DOCUMENT v3.23.1
Debt and Finance Lease Obligations - Narrative (Details)
$ in Thousands, € in Millions, kr in Millions
3 Months Ended 12 Months Ended
Dec. 01, 2021
Jul. 30, 2021
USD ($)
Mar. 31, 2023
USD ($)
Dec. 31, 2020
USD ($)
Feb. 06, 2023
Dec. 31, 2022
USD ($)
May 17, 2022
USD ($)
Jan. 01, 2022
USD ($)
Jan. 01, 2022
ISK (kr)
Dec. 31, 2020
ISK (kr)
Dec. 29, 2020
ISK (kr)
Oct. 15, 2020
ISK (kr)
Feb. 15, 2019
USD ($)
Feb. 15, 2019
EUR (€)
Line Of Credit Facility [Line Items]                            
Line Of Credit Facility Date Of First Required Payment     Dec. 01, 2021                      
interest rate cap agreement [ member]                            
Line Of Credit Facility [Line Items]                            
Interest rate on credit facility   5.00%                        
Finaancing arrangements [ MEMBER]                            
Line Of Credit Facility [Line Items]                            
Debt Current     $ 2,200                      
Premium Payment Due Term     12 months                      
Financial Arrangements Weighted Average Interest Rate     4.90%                      
Aggregate amount of premiums financed     $ 9,500                      
Maximum | London Interbank Offered Rate (LIBOR)                            
Line Of Credit Facility [Line Items]                            
Secured overnight financing rate         0.71513%                  
Secured overnight financing rate         0.71513%                  
Minimum | London Interbank Offered Rate (LIBOR)                            
Line Of Credit Facility [Line Items]                            
Secured overnight financing rate         0.11448%                  
Secured overnight financing rate         0.11448%                  
Revolving Credit Facility                            
Line Of Credit Facility [Line Items]                            
Borrowing capacity on line of credit     10,900                      
Remaining borrowing capacity on line of credit     89,100                      
Line of credit facility, borrowing     $ 10,900                      
Line of credit facility maximum borrowing capacity   $ 450,000                        
Revolving Credit Facility | London Interbank Offered Rate (LIBOR)                            
Line Of Credit Facility [Line Items]                            
Prime rate     1.00%                      
Floor rate     1.00%                      
Revolving Credit Facility | Borrowings                            
Line Of Credit Facility [Line Items]                            
Credit facility     $ 100,000                      
Revolving Credit Facility | Bank Of America [Member]                            
Line Of Credit Facility [Line Items]                            
Fed funds rate     0.50%                      
Revolving Credit Facility | Maximum                            
Line Of Credit Facility [Line Items]                            
Interest coverage ratio     1.00%                      
Leverage ratio     1.00%                      
Revolving Credit Facility | Maximum | London Interbank Offered Rate (LIBOR)                            
Line Of Credit Facility [Line Items]                            
Base Rate borrowings     3.50%                      
Leverage ratio     3.50%                      
Revolving Credit Facility | Minimum                            
Line Of Credit Facility [Line Items]                            
Interest coverage ratio     3.48%                      
Leverage ratio     2.83%                      
Revolving Credit Facility | Minimum | London Interbank Offered Rate (LIBOR)                            
Line Of Credit Facility [Line Items]                            
Base Rate borrowings     1.50%                      
Leverage ratio     2.50%                      
Term Loan B | interest rate cap agreement [ member]                            
Line Of Credit Facility [Line Items]                            
Interest rate increases   300,000                        
Forest Park Hotel Construction Loan Facility                            
Line Of Credit Facility [Line Items]                            
Remaining borrowing capacity on line of credit     $ 16,800                      
Credit facility [1]     $ 12,400     $ 11,491                
Interest rate on credit facility     6.50%     8.80% 2.35%              
Fixed rate term loan             6.50%              
Line of credit facility maximum borrowing capacity             $ 17,000              
FlyOver Iceland Credit Facility                            
Line Of Credit Facility [Line Items]                            
Maturity date Sep. 01, 2027   Mar. 01, 2022                      
Debt Instrument, Annual Principal Payment               $ 600 kr 75.0          
Interest rate on credit facility     7.70%     6.90%                
Line of credit facility maximum borrowing capacity                         $ 5,600 € 5.0
Maturity date March 1, 2025                          
Line Of Credit Facility Date Of First Required Payment Dec. 01, 2022                          
Fly Over Iceland Term Loan                            
Line Of Credit Facility [Line Items]                            
Credit facility [1]     $ 564     $ 594                
Line of credit facility maximum borrowing capacity       $ 700           kr 90.0        
2018 Credit Agreement | FlyOver Iceland Credit Facility                            
Line Of Credit Facility [Line Items]                            
Credit facility [1]     $ 4,742     $ 4,965                
2021 Credit Facility                            
Line Of Credit Facility [Line Items]                            
Line of credit facility maximum borrowing capacity   500,000                        
Fees   $ 14,800                        
2021 Credit Facility | Maximum | London Interbank Offered Rate (LIBOR)                            
Line Of Credit Facility [Line Items]                            
Interest rate description   0.50                        
2021 Credit Facility | Minimum | London Interbank Offered Rate (LIBOR)                            
Line Of Credit Facility [Line Items]                            
Interest rate description   0.30                        
2021 Credit Facility | Revolving Credit Facility                            
Line Of Credit Facility [Line Items]                            
Maturity date   Jul. 30, 2026                        
Line of credit facility maximum borrowing capacity   $ 100,000                        
2021 Credit Facility | Revolving Credit Facility | Maximum                            
Line Of Credit Facility [Line Items]                            
Leverage ratio   4.50%                        
Debt covenant, interest coverage ratio   4.00%                        
2021 Credit Facility | Revolving Credit Facility | Minimum                            
Line Of Credit Facility [Line Items]                            
Interest coverage ratio   2.00%                        
2021 Credit Facility | Term Loan B                            
Line Of Credit Facility [Line Items]                            
Borrowing capacity on line of credit   $ 400,000                        
Maturity date   Jul. 30, 2028                        
Line of credit facility, borrowing   $ 400,000                        
Loans Proceeds Offset   $ 327,000                        
2021 Credit Facility | Term Loan B | London Interbank Offered Rate (LIBOR)                            
Line Of Credit Facility [Line Items]                            
Interest rate description   5.00% credit spread, with a SOFR floor of 0.50%                        
First Term Loan | Fly Over Iceland Term Loan                            
Line Of Credit Facility [Line Items]                            
Maturity date       Apr. 01, 2023                    
Line of credit facility maximum borrowing capacity | kr                       kr 10.0    
Line Of Term Loan Amendment Description       bears interest on a seven-day term deposit at the Central Bank of Iceland.                    
Second Term Loan | Fly Over Iceland Term Loan                            
Line Of Credit Facility [Line Items]                            
Line of credit facility maximum borrowing capacity | kr                       kr 30.0    
Line Of Term Loan Amendment Description       bears interest on a seven-day term deposit at the Central Bank of Iceland plus 3.07%. The third term loan for ISK 50.0 million was entered into effective December 29, 2020 with an original maturity date of February 1, 2023 and bears interest at one-month Reykjavik InterBank Offered Rate (“REIBOR”) plus 4.99%. Effective November 23, 2022, FlyOver Iceland entered into an amendment to the ISK 50.0 million term loan wherein the maturity date was extended to February 1, 2024. The Icelandic State Treasury guarantees supplemental loans provided by credit institutions to companies impacted by the COVID-19 pandemic. Accordingly, the Icelandic State Treasury guaranteed the repayment of up to 85% of the principal and interest on the ISK 10.0 million and ISK 30.0 million term loans and 70% of the principal amount on the ISK 50.0 million term loan                    
Third Term Loan | Fly Over Iceland Term Loan                            
Line Of Credit Facility [Line Items]                            
Line of credit facility maximum borrowing capacity | kr                     kr 50.0      
[1] Represents the weighted-average interest rate in effect as of the end of the respective periods, including any applicable margin. The interest rates do not include amortization of debt issuance costs or commitment fees