| Schedule of Long-term Debt Instruments [Table Text Block] |
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(Amounts in Thousands)
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December 31, 2014
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|
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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 December 31, 2014) plus 2.0% or London Interbank Offer Rate ("LIBOR") plus 3.0%, balance due October 31, 2016. Effective interest rate for 2014 and 2013 was 4.1% and 3.7%, respectively. (1)
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$
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—
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$
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—
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Term Loan dated October 31, 2011, payable in equal monthly installments of principal of $190, balance due 0n October 31, 2016, variable interest paid monthly at option of prime rate plus 2.5% or LIBOR plus 3.5%. Effective interest rate for 2014 and 2013 was 3.7% and 3.9%, respectively. (1)
|
|
|
8,952
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|
|
|
11,238
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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)
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10
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|
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127
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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)
|
|
|
2,363
|
|
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|
2,777
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|
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Capital leases
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|
|
47
|
(4)
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|
|
141
|
(5)
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|
|
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|
11,372
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|
|
|
14,283
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|
|
Less current portion of long-term debt
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|
|
3,733
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|
|
|
2,876
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|
Less long-term debt related to assets held for sale
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|
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—
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|
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|
35
|
|
|
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|
$
|
7,639
|
|
|
$
|
11,372
|
|
|