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Long-Term Obligations (Tables)
6 Months Ended
Jun. 30, 2014
Debt Disclosure [Abstract]  
Schedule of Long-term Debt

Long-term debt consists of the following (in thousands):

 

     June 30,
2014
     December 31,
2013
 

Note payable collaterized by the Company’s assets, with interest payable quarterly based on alternate base rate or LIBOR plus applicable margin (starting at 7.5% for alternate base rate and 8.5% for LIBOR) and increases by 25 basis points every quarter with principal due in 2015

     70,314         —     

Note payable collaterized by Schuff’s real estate, with interest payable monthly at LIBOR plus 4% and principal payable monthly, maturing in 2019

     4,948         —     

Note payable to a bank under a revolving line of credit agreement, collaterized by Schuff’s assets, with interest payable monthly at the LIBOR plus 3%, maturing in 2019

     10,689         —     
  

 

 

    

 

 

 
     85,951         —     

Less current portion

     36,781         —     
  

 

 

    

 

 

 
   $ 49,170       $ —     
  

 

 

    

 

 

 
Schedule of Aggregate Debt Maturities

Aggregate debt maturities are as follows (in thousands):

 

2014

     36,469   

2015

     45,472   

2016

     625   

2017

     625   

2018

     625   

2019

     2,135   
  

 

 

 
   $ 85,951