XML 52 R26.htm IDEA: XBRL DOCUMENT v3.20.1
NOTES PAYABLE AND AMENDED CREDIT AGREEMENT (Tables)
 3 Months Ended
Mar. 31, 2020
NOTES PAYABLE AND AMENDED CREDIT AGREEMENT [Abstract]  
Credit Agreement and Notes Payable
Amounts outstanding under the Amended Credit Agreement (as defined below) and notes payable as of  March 31, 2020 and December 31, 2019 consisted of the following (in thousands):

  
March 31, 2020
    
December 31, 2019
  
Credit Agreement average effective interest rate of 2.4% inclusive of unused fee
  
$
114,000
    
$
46,000
  
Various notes payable with $728 plus accrued interest due in the next year, interest accrues in the range of 4.75% through 5.50% per annum
    
5,330
      
5,089
  
   
$
119,330
    
$
51,089
  
Less current portion
    
(728
)
    
(728
)
Long term portion
  
$
118,602
    
$
50,361
  
Aggregate Annual Payments of Principal Required to Revolving Credit Facility
Subsequent aggregate annual payments of principal required pursuant to the Amended Credit Agreement and outstanding notes payable at March 31, 2020 are as follows (in thousands):

During the twelve months ended March 31, 2021
  
$
728
  
During the twelve months ended March 31, 2022
    
118,602
  
   
$
119,330