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Debt (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Components of long-term debt
Long-term debt consists of the following at:

 
December 31,
2019
 
December 31,
2018
Term loans payable, interest at a variable rate (6.30% and 4.34% at December 31, 2019 and 2018, respectively) with monthly payments of interest and quarterly payments of principal through January 2023.
$
38,250,000

 
$
41,625,000

Revolving loans, interest at a variable rate (6.04% and 4.39% at December 31, 2019 and 2018, respectively)
12,008,000

 
17,375,000

Total
50,258,000

 
59,000,000

Less deferred loan costs
(807,000
)
 
(611,000
)
Less current portion
(49,451,000
)
 
(3,230,000
)
Long-term debt
$

 
$
55,159,000

Maturities of long-term debt
Annual maturities of long-term debt are as follows:

2020
$
49,451,000