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Long-Term Debt and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Long-Term Debt and Intangible Assets  
Schedule of the Company’s debt balances

The Company’s debt balances, including current portions, were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

2016

 

2015

 

 

 

 

 

    

 

 

 

Notes payable

    

$

 —

 

$

9,696

 

Total debt

 

 

 —

 

 

9,696

 

Less current portion of long-term debt

 

 

 —

 

 

(8,931)

 

Total long-term debt

 

$

 —

 

$

765

 

 

Schedule reflecting the composition of intangible assets, net

The following reflects the composition of intangible assets, net (in thousands):

 

 

 

 

 

 

 

 

 

    

December 31,

 

December 31,

 

 

 

2016

 

2015

 

 

 

 

 

    

 

 

 

GMP royalty buyout

 

$

17,500

 

$

17,500

 

Non-compete agreements

 

 

243

 

 

243

 

 

 

 

17,743

 

 

17,743

 

Accumulated amortization

 

 

(11,176)

 

 

(7,525)

 

Total

 

$

6,567

 

$

10,218

 

Weighted average amortization period (in months)

 

 

60

 

 

60