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SHORT-TERM AND LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2013
SHORT-TERM AND LONG-TERM DEBT  
Schedule of the Partnership's long term debt

At December 31, 2013 and 2012, the Partnership’s long-term debt was comprised of the following (in thousands):

 

 

 

2013

 

2012

 

Term debt

 

$

6,825

 

$

7,875

 

Less: current portion

 

1,050

 

1,050

 

Non-current debt

 

$

5,775

 

$

6,825

 

Schedule of estimated fair values of the Partnership's financial instrument

The estimated fair values of the Partnership’s financial instrument are as follows at December 31, 2013 and 2012 (in thousands):

 

 

 

2013

 

2012

 

 

 

Carrying

 

Fair

 

Carrying

 

Fair

 

 

 

Amount

 

Value

 

Amount

 

Value

 

Long-term debt

 

$

6,825

 

$

7,286

 

$

7,875

 

$

8,479

 

Revolving credit facility

 

$

5,900

 

$

5,900

 

$

2,400

 

$

2,400

 

Schedule of contractual obligations

Contractual obligations as of December 31, 2013, for the Partnership are detailed in the following table (in thousands):

 

Contractual Obligations

 

Total

 

2014

 

2015

 

2016

 

2017

 

2018

 

Remaining

 

Long-term debt

 

$

6,825

 

$

1,050

 

$

1,050

 

$

1,050

 

$

1,050

 

$

1,050

 

$

1,575

 

Line of credit

 

5,900

 

5,900

 

—

 

—

 

—

 

—

 

—

 

Operating leases

 

2,887

 

214

 

214

 

214

 

214

 

166

 

1,865

 

Total

 

$

15,612

 

$

7,164

 

$

1,264

 

$

1,264

 

$

1,264

 

$

1,216

 

$

3,440