XML 26 R15.htm IDEA: XBRL DOCUMENT v3.5.0.2
Debt
9 Months Ended
Oct. 02, 2016
Debt Disclosure [Abstract]  
Debt

Note 9 – Debt

Effective September 3, 2016, J. Alexander’s Holdings, Inc., through one of its operating subsidiaries, executed a modification agreement with respect to the $1,000 revolving line of credit originally entered into on September 3, 2013. This modification agreement extended the term of this line of credit from September 3, 2016 to September 3, 2019, with no additional significant changes to the terms of the agreement. There were no amounts outstanding under this revolving line of credit at October 2, 2016.

During the third quarter of 2016, J. Alexander’s Holdings, Inc., through one of its operating subsidiaries, borrowed $4,000 under its $20,000 development line of credit to fund new restaurant development. The $4,000 remained outstanding at October 2, 2016, and is classified as a current liability within the Condensed Consolidated Balance Sheets. Interest expense associated with the $4,000 borrowing during the third quarter of 2016 totaled $8.