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Notes Receivable
6 Months Ended
Jun. 30, 2024
Receivables [Abstract]  
Notes Receivable Notes Receivable
The Company has unsecured notes receivable from related parties, certain non-executive officers of the Company and an unrelated third party. The following is a summary of these notes receivable (in thousands):
June 30, 2024December 31, 2023
Officers, employees and affiliated entities - Interest accrues annually at rates ranging from 0.0% - 5.5%. The notes receivable mature through January 2026.
$2,264 $2,318 
Unrelated third party - Currently no interest is being accrued on this note. The note receivable matures in December 2025.1
903 903 
Total:3,167 3,221 
Less: current portion  
Officers, employees and affiliates(1,151)(1,199)
Noncurrent portion$2,016 $2,022 
1Notes initiated prior to the Company's initial public offering.
Each borrower may prepay all or part of the outstanding balance at any time prior to the date of maturity. During the six months ended June 30, 2024, interest accrued on the notes receivable at the stipulated rates between 0.0% and 5.50%.