| Schedule of Long-term Debt Instruments [Table Text Block] |
|
(Amounts in Thousands)
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|
September 30,
2014
|
|
|
December 31,
2013
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|
|
Revolving Credit facility dated October 31, 2011, borrowings based upon eligible accounts receivable, subject to monthly borrowing base calculation, variable interest paid monthly at our option of prime rate (3.25% at September 30, 2014) plus 2.0% or London Interbank Offer Rate ("LIBOR") plus 3.0%, balance due October 31, 2016. Effective interest rate for the first nine months of 2014 was 4.2%. (1)
|
|
$
|
—
|
|
|
$
|
—
|
|
|
Term Loan dated October 31, 2011, payable in equal monthly installments of principal of $190, balance due in October 31, 2016, variable interest paid monthly at option of prime rate plus 2.5% or LIBOR plus 3.5%. Effective interest rate for the first nine months of 2014 was 3.8%. (1)
|
|
|
9,523
|
|
|
|
11,238
|
|
|
Promissory Note dated February 12, 2013, payable in monthly installments of $10, which includes interest and principal, starting February 28, 2013, interest accrues at annual rate of 6.0%, balance due January 31, 2015. (2)
|
|
|
40
|
|
|
|
127
|
|
|
Promissory Note dated August 2, 2013, payable in twelve monthly installments of interest only, starting September 1, 2013 and twenty-four monthly installments of $125 in principal plus accrued interest. Interest accrues at annual rate of 2.99%. (2) (3)
|
|
|
2,717
|
|
|
|
2,777
|
|
|
Various capital lease and promissory note obligations, payable 2014 to 2016, interest at rates ranging from 5.2% to 6.0%.
|
|
|
64
|
|
|
|
141
|
|
|
|
|
|
12,344
|
|
|
|
14,283
|
|
|
Less current portion of long-term debt
|
|
|
3,765
|
|
|
|
2,876
|
|
|
Less long-term debt related to assets held for sale
|
|
|
8
|
|
|
|
35
|
|
|
|
|
$
|
8,571
|
|
|
$
|
11,372
|
|
|