17.	Subsequent Events

On January 25, 2016, the Company entered into a new senior loan agreement (the “Senior Loan Agreement”), providing for a five year term loan facility in the aggregate principal amount of $85.0 million and a five year $5.0 million revolving credit facility, and a new subordinated loan agreement (the “Subordinated Loan Agreement”), providing for a five and a half year term loan facility in the aggregate principal amount of $15.0 million. On February 17, 2016, the Subordinated Loan Agreement was amended to increase the aggregate principal amount available for borrowing thereunder to $15.3 million, and the Company borrowed $85.0 million under the term loan facility of the Senior Loan Agreement and $15.3 million under the Subordinated Loan Agreement. The Company used the borrowings under the Senior Loan Agreement and the Subordinated Loan Agreement to, among other things, pay all amounts due, including principal, interest and fees, and satisfy in full all of its obligations under the Credit Facility, which was scheduled to mature on April 30, 2016. As a result of the repayment of the Credit Facility, all of the Company’s Class B shares were converted to Class A shares. The term loan facility under the Senior Loan Agreement requires principal payments of $1.0 million quarterly, beginning on April 1, 2016. Principal amounts outstanding under the Subordinated Loan Agreement will generally not be due until maturity. The Company’s consolidated balance sheet as of December 31, 2015 has been adjusted to reflect the $3.0 million in principal payments that will be due under the Senior Loan Agreement over the succeeding twelve months as current maturity of long-term notes payable and the balance of the existing debt of $98.1 million as of December 31, 2015 as long-term notes payable. The Company expects to record costs and loss on extinguishment of debt totaling approximately $211 thousand in connection with this refinancing.