XML 24 R14.htm IDEA: XBRL DOCUMENT v3.19.2
Long-Term Debt
6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Long-term debt

Note 8 Long-term debt:  

During the first six months of 2019, our wholly owned subsidiary, NLKW Holding, LLC had no borrowings or repayments under its $50 million secured revolving credit facility with Valhi.  At June 30, 2019, we had outstanding borrowings of $.5 million under such facility, and the remaining $49.5 million was available for future borrowing under this facility.  Outstanding borrowings under such credit facility bear interest at the prime rate plus 1.875% per annum, and the average interest rate for the six months ended June 30, 2019 was 7.3%. The interest rate was 7.4% at June 30, 2019.  We are in compliance with all of the covenants contained in such facility at June 30, 2019.