Credit Facilities and Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Summary of Outstanding Long-Term Debt Balances

The following table details the Company’s outstanding long-term debt balances at September 30, 2014 and December 31, 2013.

	September 30,		December 31,
	2014		2013
LIBOR plus 1.75 to 2.25%, Bank of America amortizing term loan, due April 1, 2017	$	9,000,000	$	9,375,000
6.16%, Allstate/CUNA Senior unsecured notes, due June 29, 2017		13,000,000		13,000,000
5.38%, Sun Life fixed rate note, due June 1, 2017		15,334,000		15,334,000
LIBOR plus 3.85%, Sun Life floating rate note, due May 3, 2014		-		3,000,000
4.15% Sun Life senior secured guaranteed note, due June 1, 2017		2,989,552		2,989,552
Vehicle & equipment financing loans		75,031		2,190
Total notes payable		40,398,583		43,700,742
Less: current portion		542,156		3,502,190
Notes payable, long-term portion	$	39,856,427	$	40,198,552