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Long-term debt (Tables)
6 Months Ended
Jun. 30, 2015
Long-term debt.  
Schedule of long-term debt

 

 

 

 

June 30,

 

December 31,

 

 

 

2015

 

2014

 

 

 

(in thousands)

 

 

 

 

 

 

 

Senior debt, net of discount of $1,462 and $1,743

 

$

24,600

 

$

14,320

 

10% subordinated note payable to a related party

 

6,644

 

6,446

 

Capital leases, maturing through August 2017

 

3,211

 

4,008

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

34,455

 

24,774

 

Less current portion

 

(3,257

)

(1,653

)

 

 

 

 

 

 

 

 

 

 

 

 

Long-term debt

 

$

31,198

 

$

23,121

 

 

 

 

 

 

 

 

 

 

Schedule of future principal payments of long-term debt, including capital leases

 

 

 

June 30,

 

Period ending:

 

2015

 

 

 

(in thousands)

 

 

 

 

 

2015

 

$

3,257

 

2016

 

17,357

 

2017

 

15,303

 

 

 

 

 

 

 

 

 

Future principal payments

 

$

35,917

 

 

 

 

 

 

 

 

 

 

Less unamortized debt discount

 

(1,462

)

Less current portion of long-term debt

 

(3,257

)

 

 

 

 

 

 

 

 

Total long-term debt

 

$

31,198