Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

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Accrued Expenses
 12 Months Ended
Dec. 31, 2017
Payables and Accruals [Abstract]  
Accrued Expenses

NOTE 10

 

ACCRUED EXPENSES

 

Accrued expenses include the following (in thousands) at December 31:

 

    2017     2016  
Salaries and employee benefits   $ 2,988     $ 2,695  
Accrued sales, property and other tax     402       265  
Interest payable     3       6  
Insurance payable     630       675  
Other     759       453  
Total accrued expenses   $ 4,782     $ 4,094  

 

Each of our executives has an individual Management Incentive Plan (“MIP”) for fiscal year 2017 and 2016 which provides for the potential payment of performance compensation (see “Note 15 – Related Party Transactions – MIPs for further discussion of the MIPs). No performance compensation payments were earned under any of the MIPs for years 2017 and 2016.