XML 38 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 7 - Loan Payable (Tables)
 3 Months Ended
Mar. 31, 2018
Notes Tables  
Schedule of Standby Fees Based on Total Funded Debt to EBITDA Ratio [Table Text Block]
   
If Total Funded Debt to EBITDA is:
  
                                 
Availment type or fee
  
Less than
1.00
    
Greater than
or
equal to 1.00
and
less than 2.00
    
Greater than
or
equal to 2.00
and
less than 2.25
    
Greater than
or equal to
2.25
  
Canadian dollar borrowings based on Bankers’ Acceptance or U.S. dollar borrowings based on LIBOR (Margin)
    
2.00
%
    
2.25
%
    
2.75
%
    
3.25
%
                                 
Canadian or U.S. dollar borrowings based on Prime Rate or U.S. dollar borrowings based on Base Rate (Margin)
    
0.75
%
    
1.00
%
    
1.50
%
    
2.00
%
                                 
Standby fees
    
0.40
%
    
0.45
%
    
0.55
%
    
0.65
%
Schedule of Debt [Table Text Block]
   
March 31, 2018
    
December 31, 2017
  
                 
Facility C
    
5,582,775
      
5,930,338
  
Facility D
    
67,598,400
      
71,823,300
  
Less: unamortized debt discount and issuance costs
    
(764,202
 )    
(829,611
 )
Total loan payable
    
72,416,973
      
76,924,027
  
Less: loan payable, current portion
    
18,289,853
      
18,289,853
  
Loan payable, long-term portion
    
54,127,120
      
58,634,174
  
Schedule of Maturities of Long-term Debt [Table Text Block]
         
Remainder of 2018
    
13,717,390
  
2019
    
18,289,853
  
2020
    
18,103,004
  
2021
    
17,542,457
  
2022
    
4,867,757
  
Thereafter
    
660,714
  
    $
73,181,175