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Senior Loan Agreement
3 Months Ended
Mar. 31, 2012
Senior Loan Agreement  
Senior Loan Agreement

8. Senior Loan Agreement

        The Company is party to a senior loan agreement with RBS Citizens, N.A for a $60.0 million revolving line of credit that provides CRA with the additional flexibility to meet any unforeseen financial requirements. The amount available under this revolving line of credit is reduced by certain letters of credit outstanding, which amounted to $0.7 million as of March 31, 2012. There was no amount outstanding under this revolving line of credit as of March 31, 2012.

        Under the senior loan agreement, the Company must comply with various financial and non-financial covenants. As of March 31, 2012, we were in compliance with the senior loan agreement.