XML 70 R45.htm IDEA: XBRL DOCUMENT v2.4.0.8
Notes Payable (Tables)
 12 Months Ended
Dec. 31, 2013
Short-Term Borrowings and Notes Payable [Abstract]  
Summary of notes payable
 
($ in thousands)
 
2013
  
2012
 
        
Note payable in the amount of $2.7 million, secured by all equipment and receivables of RDSI, monthly payments of $34 thousand together with interest at a fixed rate of 6.00%, maturing July 20, 2015.
 $589  $952 
          
Note payable with First Tennessee Bank, with an original amount of $1.5 million, secured by 300,000 shares of State Bank common stock, principal payments of $187 thousand quarterly together with interest at the greater of the 3 Month LIBOR rate plus 3.75%, or 6.0%. The Note was paid in full in September 2013.
  -   750 
          
   $589  $1,702 
Summary of aggregate annual maturities of notes payable
 
($ in thousands)
 
Debt
 
     
2014
 $353 
2015
  236 
      
      
   $589