RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2017

Related party balances as of and for the years ended December 31, 2017 and 2016 are as follows, in thousands:


		2017		2016
K&R, LLC and 7100 LLC:
Deposit amounts owed to the Company by related parties	(1)	$	42	$	42
Prepaid expenses to related parties	(1)	43		—
Notes payable to related parties	(3)	1,600		1,504
Accrued interest to related parties	(2)	—		63
Facility rent payable to related parties	(2)	123		176
Equipment rent payable to related parties	(2)	—		15
Facility rent expense to related parties	(4)	597		646
Equipment rent expense to related parties	(4)	—		25
Interest expense to related parties	(4)	75		63

Algar, Inc.:
Bonus payable to Algar	(2), (5)	—		180
Revenue from scrap sales to Algar	(4), (6)	—		7
Revenue from logistical services to Algar	(4), (6)	—		48
Revenue from IT services to Algar	(4), (6)	—		16
Scrap material purchases from Algar	(4), (6)	—		1,204
Management fee expense	(4), (6)	—		238
Bonus expense to Algar	(4), (6)	—		180
Net rental income from Algar	(4), (6)	—		16
Other expenses to Algar	(4), (6)	—		14

Board of Directors: *
Accounts payable to the Board of Directors for fees	(2)	$	50	$	144
Board of director fee expense	(4)	200		251

LK Property Investments, LLC:
Lease deposit to LK Property	(1)	$	3	$	3
Prepaid expenses to related parties	(1)	3		—
Rent expense to LK Property**	(4)	36		36

Metal X, LLC:
Accounts receivable from Metal X	(1)	$	1	$	105
Revenue from product sales to Metal X	(4)	188		246

* Excludes insignificant amount of travel reimbursement.

**Excludes amounts reimbursed to LK Properties for utilities and property tax.

(1)	Included in receivable and other assets from related parties on the Consolidated Balance Sheets; balances are as of December 31, 2017 and 2016.
(2)	Included in payables and accrued expenses to related parties on the Consolidated Balance Sheets; balances are as of December 31, 2017 and 2016.
(3)	Included in current maturities of long-term debt, related parties and long-term debt related parties on the Consolidated Balance Sheets; balance is as of December 31, 2017 and 2016.
(4)	Included in the Consolidated Statements of Operations; balances are for the year ended December 31, 2017 and 2016.
(5)	The 2016 balance includes the bonus payable amount at December 31, 2016 as this amount was earned on September 30, 2016 while Algar was a related party. The bonus payable was paid on March 31, 2017.
(6)	The Company excluded all 2017 balances related to Algar as the related party relationship ended on September 30, 2016.