ACCOUNTS PAYABLE AND ACCRUED EXPENSES

3 Months Ended

Mar. 31, 2018

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

8. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consist of the following (dollars in thousands):

	March 31,		December 31,
	2018		2017
Accounts payable	$	3,952	$	7,206
Accrued operating expenses		7,433		15,047
Accrued administrative expenses		1,694		1,815
Accrued interest		6,129		5,749
Total	$	19,208	$	29,817