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Corporate Borrowings | 9 Months Ended
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Sep. 30, 2018
Debt Disclosure [Abstract] |
Corporate Borrowings | Corporate Borrowings Indebtedness Outstanding:
Description(a) | September 30, 2018 |  | December 31, 2017
Credit Agreement - Revolver, 3.593% (variable rate) due 2022 | $ | 24,044 |  |  | $ | 3,298 |
Secured Promissory Note, 3.71% (variable rate) due 2022 | 1,688 |  |  | 1,966 |
Prudential Note Purchase Agreement, 3.53% (fixed rate) due 2027 | 20,000 |  |  | 20,000 |
Unamortized loan fees(b) | (612 | ) |  | (710 | )
Total indebtedness outstanding | $ | 45,120 |  |  | $ | 24,554 |
Less current maturities of long-term debt | (382 | ) |  | (372 | )
Long-term debt | $ | 44,738 |  |  | $ | 24,182 |
(a) Interest rates are as of September 30, 2018. (b) Loan fees are being amortized over the life of the Credit Agreement and Note Purchase Agreement. Credit and Note Purchase Agreements. On August 23, 2017, the Company entered into a credit agreement (the “Credit Agreement”) with Wells Fargo Bank, National Association. The Credit Agreement provides for a $150,000 revolving credit facility. The Company may increase the facility from time to time by an aggregate principal amount of up to $25,000 provided certain conditions are satisfied and at the discretion of the lender. The Credit Agreement matures on August 23, 2022. The Credit Agreement includes certain requirements and covenants, which the Company was in compliance with at September 30, 2018. As of September 30, 2018, the Company's total outstanding borrowings under the Credit Agreement were $24,044 leaving $125,956 available. On August 23, 2017, the Company also entered into a Note Purchase and Private Shelf Agreement (the “Note Purchase Agreement”) with PGIM, Inc., an affiliate of Prudential Financial, Inc., and certain affiliates of PGIM, Inc. The Note Purchase Agreement provides for the issuance of up to $75,000 of Senior Secured Notes, and the Company issued $20,000 of Senior Secured Notes with a maturity date of August 23, 2027. The Note Purchase Agreement includes certain requirements and covenants, which the Company was in compliance with at September 30, 2018.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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