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DEBT (Tables)
3 Months Ended
Mar. 31, 2019
DEBT  
Schedule of aggregate principal amount of outstanding notes payable and the interest rates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

March 31, 2019

    

December 31, 2018

 

Notes payable to commercial banks

 

 

    

 

 

    

 

Aggregate principal amount outstanding

 

$

5,432

 

$

5,975

 

Interest rate

 

 

5.00%

 

 

5.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

March 31, 2019

 

December 31, 2018

 

Notes payable to finance company for insurance

 

 

 

 

 

 

 

Aggregate principal amount outstanding

 

$

1,413

 

$

1,680

 

Interest rate

 

 

3.80% - 4.99%

 

 

3.80%

 

 

Schedule of aggregate maturities of notes payable

The aggregate maturities of notes payable at March 31, 2019 are as follows (in thousands):

 

 

 

 

 

 

 

 

April 2019 - March 2020

 

 

 

 

$

3,586

 

April 2020 - March 2021

 

 

 

 

 

2,173

 

April 2021 - March 2022

 

 

 

 

 

1,086

 

Total notes payable

 

 

 

 

$

6,845

 

 

Schedule of aggregate maturities of finance leases

The aggregate maturities of finance leases at March 31, 2019 are as follows (in thousands):

 

 

 

 

 

 

 

 

April 2019 - March 2020

 

 

 

 

$

2,873

 

April 2020 - March 2021

 

 

 

 

 

1,564

 

April 2021 - March 2022

 

 

 

 

 

24

 

April 2022 - March 2023

 

 

 

 

 

14

 

Obligations under finance leases

 

 

 

 

$

4,475