| Schedule of Debt and Finance Lease Obligations |
Debt and finance lease obligations as of June 30, 2026, December 31, 2025, and June 30, 2025, consisted of the following:
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(in thousands, except interest rates) |
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June 30, 2026 |
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December 31, 2025 |
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June 30, 2025 |
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2025 Revolving Credit Facility - Pursuit borrowings 5.6%, 5.5%, and 6.2% interest rate, respectively, due through 2030(1) |
|
$ |
128,300 |
|
|
$ |
58,500 |
|
|
$ |
10,500 |
|
2025 Revolving Credit Facility - Brewster, Inc. borrowings 4.6% and 4.3% as of June 30, 2026 and December 31, 2025, respectively, due through 2030(1) |
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|
42,150 |
|
|
|
28,857 |
|
|
|
— |
|
Jasper Term Loan - 6.5% fixed interest rate, due through 2028(1) |
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|
11,396 |
|
|
|
11,906 |
|
|
|
12,126 |
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Forest Park Hotel Renovation Construction Loan - 5.5% as of June 30, 2026, due through 2028(1) |
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|
9,984 |
|
|
|
— |
|
|
|
— |
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Flyover Iceland Credit Facility |
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|
— |
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|
|
— |
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|
|
3,690 |
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Other |
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|
— |
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|
|
— |
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|
|
443 |
|
Total debt (2) |
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|
191,830 |
|
|
|
99,263 |
|
|
|
26,759 |
|
Finance lease obligations, due through 2067 (3) |
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|
45,428 |
|
|
|
59,830 |
|
|
|
60,188 |
|
Total debt and finance lease obligations |
|
|
237,258 |
|
|
|
159,093 |
|
|
|
86,947 |
|
Less: unamortized debt issuance costs |
|
|
(2,471 |
) |
|
|
(2,563 |
) |
|
|
(1,980 |
) |
Less: current portion |
|
|
(705 |
) |
|
|
(1,510 |
) |
|
|
(2,566 |
) |
Long-term debt and finance lease obligations |
|
$ |
234,082 |
|
|
$ |
155,020 |
|
|
$ |
82,401 |
|
(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. (2)The carrying value of total debt approximates the estimated fair value of total debt for the respective periods due to the variable nature of the associated interest rates for the majority of the borrowings. (3)See Note 13 – Leases and Other for additional information.
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