Debt (Tables)

3 Months Ended

Mar. 31, 2020

A summary of the Company’s revolving credit facilities and related party notes are as follows (in thousands):


	March 31, 2020						December 31, 2019
	Amount		Weighted-Average Interest Rate		Amount		Weighted-Average Interest Rate
Revolving Credit Facility - Gerber KBS	$	600	6.00	%	$	1,111	7.50	%
Revolving Credit Facility - Premier	—		—	%	2,925		6.25	%
Total Short Term Revolving Credit Facility	$	600	6.00	%	$	4,036	6.59	%
Revolving Credit Facility - SNB	$	15,321	3.49	%	$	17,038	4.26	%
Revolving Credit Facility - Gerber EBGL	1,279		6.00	%	—		—	%
Total Long Term Revolving Credit Facility	$	16,600	3.68	%	$	17,038	4.26	%
LSV Co-Invest I Promissory Note (“January Note”)	$	631	12.00	%	$	595	12.00	%
LSV Co-Invest I Promissory Note (“June Note”)	1,086		12.00	%	1,023		12.00	%
LSVM Note	317		12.00	%	302		12.00	%
Total Notes Payable To Related Parties	$	2,034	12.00	%	$	1,920	12.00	%

The following table presents the Star and Premier term loans balance net of unamortized debt issuance costs as of March 31, 2020 (in thousands):


	March 31, 2020
	Amount
Gerber - Star Term Loan	$	2,350
Premier - Term Loan	974
Total Principal	3,324
Unamortized debt issuance costs	(538)
Total	$	2,786

Schedule of Short-term Debt

A summary of the Company’s revolving credit facilities and related party notes are as follows (in thousands):


	March 31, 2020						December 31, 2019
	Amount		Weighted-Average Interest Rate		Amount		Weighted-Average Interest Rate
Revolving Credit Facility - Gerber KBS	$	600	6.00	%	$	1,111	7.50	%
Revolving Credit Facility - Premier	—		—	%	2,925		6.25	%
Total Short Term Revolving Credit Facility	$	600	6.00	%	$	4,036	6.59	%
Revolving Credit Facility - SNB	$	15,321	3.49	%	$	17,038	4.26	%
Revolving Credit Facility - Gerber EBGL	1,279		6.00	%	—		—	%
Total Long Term Revolving Credit Facility	$	16,600	3.68	%	$	17,038	4.26	%
LSV Co-Invest I Promissory Note (“January Note”)	$	631	12.00	%	$	595	12.00	%
LSV Co-Invest I Promissory Note (“June Note”)	1,086		12.00	%	1,023		12.00	%
LSVM Note	317		12.00	%	302		12.00	%
Total Notes Payable To Related Parties	$	2,034	12.00	%	$	1,920	12.00	%

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details