General form of registration statement for all companies including face-amount certificate companies

5. DEBT (Tables)

v2.4.0.8
5. DEBT (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2013
Dec. 31, 2012
Debt Tables    
Long Term Debt

Long-term borrowings are summarized as follows (in thousands):

 

    March 31, 2013     December 31, 2012  
Kinergy operating line of credit   $ 20,558     $ 19,711  
Senior unsecured notes     20,313       –  
Subordinated convertible notes     6,000       –  
Plant Owners’ term debt and accrued interest     57,097       54,821  
Plant Owners’ operating lines of credit     46,500       46,000  
Note payable to related party     750       750  
      151,218       121,282  
Less: Parent purchased Plant Owners’ term debt     (24,174 )     –  
Less: Unamortized discount on senior unsecured notes     (2,432 )     –  
Less: Unamortized discount on convertible notes     (2,283 )     –  
      122,329       121,282  
Less short-term portion     (8,496 )     (4,029 )
Long-term debt   $ 113,833     $ 117,253  

 

    December 31,  
    2012     2011  
Kinergy’s operating line of credit   $ 19,711     $ 20,432  
Note payable to related party     750       750  
Plant Owners’ term debt     54,821       51,279  
Plant Owners’ operating lines of credit     46,000       21,978  
      121,282       94,439  
Less current portion     (4,029 )     (750 )
Long-term debt   $ 117,253     $ 93,689  

Long Term Debt Due  

 

Years Ended

December 31,

    Amount  
             
  2013     $ 4,029  
  2014       750  
  2015       25,711  
  2016       90,792  
  Total     $ 121,282