LONG TERM DEBT AND NOTES PAYABLE TO BANK (Tables)

9 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Schedule of Long-term

Our long term debt as of September 30, 2014 and December 31, 2013 consisted of the following:

	2014		2013
	(Unaudited)
	(in thousands)
Revolving credit facility of $15.0 million in 2014 with Wells Fargo Bank. See above description for additional details.	$	11,089	$	—
Note payable to Wells Fargo Bank in the original amount of $2.8 million secured by shredder system assets, and other Recycling equipment. See above description for additional details.	2,660		—
Revolving credit facility of $15.0 million and $25.0 million in 2014 and 2013, respectively, with Fifth Third Bank.	—		12,755
Note payable to Fifth Third Bank in the original amount of $8.8 million secured by rental fleet equipment, shredder system assets, and a crane.	—		1,495
Note payable to Fifth Third Bank in the original amount of $1.3 million secured by equipment purchased with proceeds.	—		298
Loan and Security Agreement payable to Fifth Third Bank in the original amount of $226.9 thousand secured by the equipment purchased with proceeds.	—		75
Note payable to Fifth Third Bank in the original amount of $115.0 thousand secured by the equipment purchased with proceeds.	—		51
Note payable to the Bank of Kentucky, Inc. in the original amount of $3.0 million secured by all WESSCO assets. See above description for additional details.	2,502		2,910
Revolving credit facility convertible to term loan of up to $1.0 million in 2013 with the Bank of Kentucky, Inc. See above description for additional details.	596		308
	16,847		17,892
Less current maturities	1,128		1,597
	$	15,719	$	16,295

Schedule of Maturities of Long-term Debt

The annual maturities of long term debt (in thousands) for the next five twelve-month periods and thereafter ending September 30 of each year are as follows:

2015	$	1,128
2016	1,753
2017	1,186
2018	1,211
2019	11,569
Total	$	16,847