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NOTES PAYABLE AND AMENDED CREDIT AGREEMENT (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2020 and December 31, 2019 consisted of the following (in thousands):

 
June 30, 2020
   
December 31, 2019
 
Credit Agreement average effective interest rate of 2.3% inclusive of unused fee
 
$
33,000
   
$
46,000
 
Various notes payable with $4,635 plus accrued interest due in the next year, interest accrues in the range of 3.25% through 5.50% per annum
   
5,320
     
5,089
 
   
$
38,320
   
$
51,089
 
Less current portion
   
(4,635
)
   
(728
)
Long term portion
 
$
33,685
   
$
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 June 30, 2020 are as follows (in thousands):

During the twelve months ended June 30, 2021
 
$
4,635
 
During the twelve months ended June 30, 2022
   
33,642
 
During the twelve months ended June 30, 2023
   
43
 
   
$
38,320