XML 27 R24.htm IDEA: XBRL DOCUMENT v3.3.0.814
DEBT (Details)
 9 Months Ended 12 Months Ended
Jun. 30, 2015
USD ($)
Sep. 30, 2015
USD ($)
$ / shares
item
Dec. 31, 2014
USD ($)
item
Debt Instruments      
Aggregate principal amount   $ 10,609,000  
Capital lease obligations   1,574,000 $ 1,650,000
Notes payable      
Aggregate principal amount outstanding   10,609,000  
Aggregate maturities of notes payable      
October 2015 - September 2016   7,175,000  
October 2016 - September 2017   3,434,000  
Total   10,609,000  
Future minimum lease payments      
October 2015 - September 2016   983,000  
October 2016 - September 2017   535,000  
October 2017 - September 2018   56,000  
Total minimum lease payments required   $ 1,574,000  
Minimum      
Future minimum lease payments      
Interest rate (as a percent)   3.76%  
Maximum      
Future minimum lease payments      
Interest rate (as a percent)   8.17%  
Legacy Dawson Credit Agreement      
Debt Instruments      
Number of notes payable | item     3
Aggregate principal amount     $ 8,577,000
Interest rate floor 4.00%    
Repayments of notes payable $ 5,144,000    
Notes payable      
Aggregate principal amount outstanding     8,577,000
Aggregate maturities of notes payable      
Total     8,577,000
Legacy Dawson Credit Agreement | LIBOR      
Debt Instruments      
Variable interest rate basis 30-day LIBOR    
Spread on variable rate (as a percent) 2.25%    
Legacy Dawson Credit Agreement | Prime rate      
Debt Instruments      
Variable interest rate basis Prime Rate    
Spread on variable rate (as a percent) (0.75%)    
Existing Credit Agreement      
Debt Instruments      
Number of notes payable | item   1  
Aggregate principal amount   $ 4,286,000  
Number of notes payable not covered under term loan feature | $ / shares   3  
Aggregate principal amount not covered under term loan feature outstanding   $ 6,312,000  
Borrowing, repaying and reborrowing capacity   $ 20,000,000  
Percentage of maximum borrowing capacity on eligible accounts receivable   80.00%  
Minimum tangible net worth   $ 150,000,000  
Notes payable      
Aggregate principal amount outstanding   4,286,000  
Aggregate maturities of notes payable      
Total   $ 4,286,000  
Existing Credit Agreement | Minimum      
Debt Instruments      
Ratio of current assets to current liabilities   1.50  
Existing Credit Agreement | Maximum      
Debt Instruments      
Interest rate   4.50%  
Debt to tangible net worth ratio   1.00  
Existing Credit Agreement | Maximum | Prime rate      
Debt Instruments      
Interest rate floor   2.50%  
Notes payable to commercial banks      
Debt Instruments      
Aggregate principal amount   $ 10,598,000 8,577,000
Notes payable      
Aggregate principal amount outstanding   $ 10,598,000 $ 8,577,000
Minimum interest rate (as a percent)   3.50% 3.16%
Maximum interest rate (as a percent)   4.60% 4.60%
Aggregate maturities of notes payable      
Total   $ 10,598,000 $ 8,577,000
Notes payable to commercial banks | Minimum      
Notes payable      
Monthly payments (excluding interest)   128,363 128,363
Notes payable to commercial banks | Maximum      
Notes payable      
Monthly payments (excluding interest)   $ 285,757 $ 290,938
Notes Payable to finance companies for insurance notes      
Debt Instruments      
Number of notes payable | item   1  
Aggregate principal amount   $ 11,000  
Notes payable      
Aggregate principal amount outstanding   $ 11,000  
Interest rate (as a percent)   4.09%  
Aggregate maturities of notes payable      
Total   $ 11,000