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DEBT (Tables)
6 Months Ended
Jun. 30, 2018
DEBT [Abstract]  
Bank Commitments and Outstanding Balances of Senior Participations





The table below details the bank commitments and outstanding balance of our senior participation at December 31, 2017:









 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Commitment by Bank

 

Amount Borrowed

 

Remaining Funds

 

Interest Rate

 

Effective Interest Rate at  December 31, 2017

 

Maturity Date(1)

Miami A Note

 

 

10,001 

 

 

732 

 

 

9,269 

 

30-day LIBOR + 3.10%

 

4.66 

%

 

January 31, 2018

Unamortized fees

 

 

 

 

 

(14)

 

 

 

 

 

 

 

 

 

 

Net balance

 

 

 

 

$

718 

 

 

 

 

 

 

 

 

 

 











(1)

On January 30, 2018, the maturity date was extended to March 31, 2018. On March 31, 2018, the maturity date was extended to June 30, 2018. On June 19, 2018, the Company repurchased the Miami A Note.