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Long-Term Debt and Financing Arrangements (Tables)
3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt

Our outstanding debt is as follows (in thousands):

 

Period Ended

 

 

March 31,

 

 

December 31,

 

 

2015

 

 

2014

 

Secured Equipment Notes due in March 2020 with monthly principal and interest payments of $0.04 million commencing in April 2015; interest is paid monthly at a fixed annual rate of 2.14%

$

2,333

 

 

$

-

 

 

 

 

 

 

 

 

 

Secured Equipment Notes due in January 2020 with monthly principal and interest payments of $0.2 million commencing in February 2015; interest is paid monthly at a fixed annual rate between 1.72% and 2.26%

 

8,855

 

 

 

-

 

 

 

 

 

 

 

 

 

Secured Equipment Notes due in December 2019 with monthly principal and interest payments of $0.2 million commencing in January 2015; interest is paid monthly at a fixed annual rate of 2.24%

 

12,753

 

 

 

13,387

 

 

 

 

 

 

 

 

 

Secured Equipment Notes due in November 2019 with monthly principal and interest payments of $0.5 million commencing in December 2014; interest is paid monthly at a fixed annual rate of 2.05%

 

26,623

 

 

 

28,429

 

 

 

 

 

 

 

 

 

Secured Equipment Notes due in September 2019 with monthly principal and interest payments of $0.4 million commencing in September 2014; interest is paid monthly at a fixed annual rate of 2.15%

 

21,630

 

 

 

22,772

 

 

 

 

 

 

 

 

 

Secured Equipment Notes due in February 2019 with monthly principal and interest payments of $0.4 million commencing in January 2014; interest is paid monthly at a fixed annual rate between 1.87% and 1.93%

 

19,784

 

 

 

21,016

 

 

 

 

 

 

 

 

 

Secured Equipment Notes due in June 2018 with quarterly principal and interest payments of $0.5 million commencing in August 2013; interest is paid quarterly at a fixed annual rate between 1.9% and 2.0%

 

6,028

 

 

 

6,475

 

 

 

98,006

 

 

 

92,079

 

 

 

 

 

 

 

 

 

Less current portion

 

(21,921

)

 

 

(19,619

)

Total long-term debt

$

76,085

 

 

$

72,460