Line of Credit

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

LINE OF CREDIT

LINE OF CREDIT

On April 12, 2018, the Company entered into an amended and restated credit and security agreement (the “2018 Credit and Security Agreement”) with KeyBank National Association (“KeyBank”), as administrative agent, Swing Line Lender and Issuing Lender, KeyBanc Capital Markets Inc., as sole lead arranger and sole book runner, and other members of the lender group, which was subsequently amended by a first amendment agreement dated as of November 28, 2018 (the “First Amendment Agreement”), a second amendment agreement dated as of August 30, 2019 (the “Second Amendment Agreement”), and a third amendment agreement dated as of December 4, 2019 (the “Third Amendment Agreement”). The maturity date of the 2018 Credit and Security Agreement is April 11, 2023.

Long-term debt, net as of March 31, 2020, and December 31, 2019, were $99,540 and $107,140, respectively. As of March 31, 2020, $200 was issued for letters of credit and $25,260 was available to be issued for letters of credit.