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NOTES PAYABLE (Tables) | 12 Months Ended
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Dec. 31, 2019
Debt Disclosure [Abstract] |
Schedule of Debt | The following table summarizes our outstanding debt as of December 31, 2019 and 2018:
| Maturity |  | Stated Interest Rate |  | 2019 |  | 2018
Subordinated Notes Payable- acquisitions | 10/1/2019 - 7/1/2021 |  | 2.00% - 3.50% |  | $ | 7,185 |  |  | $ | 10,327 |
Term Loan - Wells Fargo term loan | 12/31/2024 |  | 8.00% |  | 20,000 |  |  | — |
Term Loan - Wells Fargo Syndicate Partner | 5/25/2022 |  | 10.55% |  | — |  |  | 52,106 |
Term Loan - Wells Fargo | 5/25/2022 |  | 5.55% |  | — |  |  | 52,106 |
Total Notes Payable |  |  |  | $ | 27,185 |  |  | $ | 114,539 |
Short-term notes payable |  |  |  | $ | 2,696 |  |  | $ | 5,864 |
Long-term notes payable |  |  |  | $ | 24,489 |  |  | $ | 108,675 |
Schedule of Debt And Debt Issuance Costs | The following table summarizes the debt issuance costs as of December 31, 2019 and 2018:
| December 31, 2019
| Gross Notes Payable |  | Debt Issuance Costs |  | Net Notes Payable
Notes payable, current portion | $ | 2,696 |  |  | $ | (125 | ) |  | $ | 2,571 |
Notes payable, net of current portion | 24,489 |  |  | (347 | ) |  | 24,142 |
Total Notes Payable | $ | 27,185 |  |  | $ | (472 | ) |  | $ | 26,713 |
| December 31, 2018
| Gross Notes Payable |  | Debt Issuance Costs |  | Net Notes Payable
Notes payable, current portion | $ | 5,864 |  |  | $ | (1,131 | ) |  | $ | 4,733 |
Notes payable, net of current portion | 108,675 |  |  | (2,041 | ) |  | 106,634 |
Total Notes Payable | $ | 114,539 |  |  | $ | (3,172 | ) |  | $ | 111,367 |
Schedule of Maturities of Long-term Debt | The following table summarizes the future gross principal payments related to our outstanding debt as of December 31, 2019:
Year Ending |
2020 | $ | 2,696 |
2021 | 5,489 |
2022 | 1,000 |
2023 | 1,000 |
2024 | 17,000 |
Gross Notes Payable | $ | 27,185 |
Schedule of Long-term Debt Instruments | The Third Restated Credit Agreement amends the applicable margin rates for determining the interest rate payable on the loans as follows:
Leverage Ratio | Applicable Margin Relative to Base Rate Loans | Applicable Margin Relative to LIBOR Rate Loans
< 2.00:1.00 | 2.25% percentage points | 3.25% percentage points
≤ 3.00:1.00, and ≥ 2.00:1.00 | 2.75% percentage points | 3.75% percentage points
≥ 3.00:1.00 | 3.25% percentage points | 4.25% percentage points

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