Life Time Group Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

Debt (Tables)

9 Months Ended

Sep. 30, 2021

Debt consisted of the following:


	September 30, 2021		December 31, 2020
Term Loan Facility, maturing December 2024	$	843,625	$	—
Prior Term Loan Facility, retired January 2021	—		1,471,584
Prior Revolving Credit Facility, retired January 2021	—		94,000
Secured Notes, maturing January 2026	925,000		—
Unsecured Notes, maturing April 2026	475,000		—
2023 Notes, retired February 2021	—		450,000
Secured loan—related parties, retired January 2021	—		101,503
Mortgage notes, various maturities (1)	151,244		167,872
Other debt	4,289		4,289
Fair value adjustment	1,981		2,469
Total debt	2,401,139		2,291,717
Less unamortized debt discounts and issuance costs	(37,798)		(19,121)
Total debt less unamortized issuance costs	2,363,341		2,272,596
Less current maturities	(31,841)		(139,266)
Long-term debt, less current maturities	$	2,331,500	$	2,133,330

(1) Mortgage notes collateralized by certain related real estate and buildings, due through 2027 at a weighted average interest rate of 4.69% and 4.68% at September 30, 2021 and December 31, 2020, respectively.

Future Maturities of Long-Term Debt

Aggregate annual future maturities of long-term debt, excluding unamortized discounts, issuance costs and fair value adjustments, at September 30, 2021 were as follows:


October 2021 through September 2022	$	31,841
October 2022 through September 2023	28,252
October 2023 through September 2024	72,682
October 2024 through September 2025	830,825
October 2025 through September 2026	1,413,281
Thereafter	22,277
Total future maturities of long-term debt	$	2,399,158

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details