XML 40 R29.htm IDEA: XBRL DOCUMENT v3.21.2
NOTES PAYABLE AND AMENDED CREDIT AGREEMENT (Tables)
 9 Months Ended
Sep. 30, 2021
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 September 30, 2021 and December 31, 2020 consisted of the following (in thousands):

  
September 30, 2021
    
December 31, 2020
  
Credit Agreement average effective interest rate of 2.6% for both September 30, 2021 and December 31, 2020, (inclusive of unused fee)
  
$
33,000
    
$
16,000
  
Various notes payable with $672 plus accrued interest due in the next year, interest accrues in the range of 3.25% through 5.50% per annum
    
2,937
      
5,495
  
   
$
35,937
    
$
21,495
  
Less current portion
    
(672
)
    
(4,899
)
Long term portion
  
$
35,265
    
$
16,596
  
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 September 30, 2021 are as follows (in thousands):

During the twelve months ended September 30, 2022
  
$
672
  
During the twelve months ended September 30, 2023
    
2,265
  
During the twelve months ended September 30, 2026
    
33,000
  
   
$
35,937