Amtrak 2013 Annual Report Download - page 73

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National Railroad Passenger Corporation and Subsidiaries (Amtrak)
Notes to Consolidated Financial Statements (continued)
1411-1359280 34
7. Mortgages and Debt
Total debt in the Consolidated Balance Sheets consisted of the following (in thousands):
September 30, 2013 September 30, 2012
Long-term debt: Current Long-Term Current Long-Term
Mortgage obligations:
Penn Station mortgage $ 22,870 $ 116,735
$ 20,895 $ 139,605
High speed maintenance facilities 6,531 69,131 2,600 169,236
Frequency converter facility 1,610 138,535 – 140,140
Subtotal 31,011 324,401 23,495 448,981
Equipment loans 7,407 4,112 9,252 11,520
30th St PEDFA Garage Revenue
Bonds* 1,691 38,926 1,015 42,600
RRIF Loan** – 277,694 – 159,497
40,109 645,133 33,762 662,598
Less: Unamortized bond discount
related to 30th St PEDFA Garage
Revenue Bonds – – – 400
Total $ 40,109 $ 645,133
$ 33,762 $ 662,198
* Pennsylvania Economic Development Financing Authority (“PEDFA”)
** Railroad Rehabilitation and Improvement Financing Loan (“RRIF”)
Letters of Credit
The Company has an unsecured commercial letter of credit of $2.5 million that supports the
issuance of auto fleet insurance. As of September 30, 2013 and 2012, there were no draws
against this letter of credit.