| Schedule of Long-term Debt Instruments [Table Text Block] |
|
(Amounts in Thousands)
|
|
March 31,
2015
|
|
|
December 31,
2014
|
|
|
Revolving Credit facility dated October 31, 2011, borrowings based upon eligible accounts receivables, subject to monthly borrowing base calculation, variable interest paid monthly at option of prime rate (3.25% at March 31, 2015) plus 2.0% or London Interbank Offer Rate ("LIBOR") plus 3.0%, balance due October 31, 2016. Effective interest rate for the first quarter of 2015 was 3.8%. (1)
|
|
$
|
1,545
|
|
|
$
|
—
|
|
|
Term Loan dated October 31, 2011, payable in equal monthly installments of principal of $190, balance due on 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 quarter of 2015 was 3.7%. (1)
|
|
|
8,381
|
|
|
|
8,952
|
|
|
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%, paid in full on January 30, 2015. (2)
|
|
|
—
|
|
|
|
10
|
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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)
|
|
|
2,010
|
|
|
|
2,363
|
|
|
Capital lease (interest at rate of 6.0%)
|
|
|
41
|
|
|
|
47
|
|
|
|
|
|
11,977
|
|
|
|
11,372
|
|
|
Less current portion of long-term debt
|
|
|
3,723
|
|
|
|
3,733
|
|
|
|
|
$
|
8,254
|
|
|
$
|
7,639
|
|
|