XML 16 R25.htm IDEA: XBRL DOCUMENT v3.2.0.727
NOTES PAYABLE AND CREDIT AGREEMENT (Tables)
 6 Months Ended
Jun. 30, 2015
NOTES PAYABLE AND CREDIT AGREEMENT [Abstract]  
Summary of Credit Agreement and Notes Payable
Amounts outstanding under the Credit Agreement and notes payable as of June 30, 2015 and December 31, 2014 consisted of the following (in thousands):

  
June 30, 2015
  
December 31, 2014
 
Credit Agreement average effective interest rate of 2.3% inclusive of unused fee
 
$
41,000
  
$
34,500
 
Various notes payable with $800 plus accrued interest due in the next year, interest accrues at 3.25% per annum
  
1,859
   
1,117
 
Payments/Long term debt, Total
  
42,859
   
35,617
 
Less current portion
  
(800
)
  
(883
)
  
$
42,059
  
$
34,734
 
Summary of Aggregate Annual Payments of Principal Required to Revolving Credit Facility
Aggregate annual payments of principal required pursuant to the Credit Agreement and the above notes payable subsequent to June 30, 2015 are as follows (in thousands):

During the twelve months ended June 30, 2016
 
$
800
 
During the twelve months ended June 30, 2017
  
359
 
During the twelve months ended June 30, 2018
  
700
 
During the twelve months ended June 30, 2019
  
41,000
 
Total
 
$
42,859