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Financial Liabilities (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Financial Liabilities

Financial liabilities consist of (in thousands):

 

 

December 31,

 

 

December 31,

 

 

2015

 

 

2014

 

 

 

 

 

 

 

 

 

Secured term loan

$

10,000

 

 

$

10,000

 

Bank revolving loan facility

 

8,300

 

 

 

4,300

 

Less: Unamortized discount

 

(196

)

 

 

(362

)

Long-term financial liabilities

$

18,104

 

 

$

13,938

 

 

Company's Financial Obligations

The following table summarizes the timing of repayment obligations for the Company’s financial liabilities for the next five years under the terms of the Amended Credit Agreement as of December 31, 2015 (in thousands):

 

 

 

2016

 

 

2017

 

 

2018

 

 

2019

 

 

Total

 

Bank term loan and revolving loan facility

 

$

 

 

$

18,300

 

 

$

 

 

$

 

 

$

18,300