XML 52 R40.htm IDEA: XBRL DOCUMENT v3.20.2
Long-Term Debt (Details Narrative) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2017
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Feb. 06, 2019
Nov. 17, 2017
Capitalized interest $ 940 $ 705   $ 1,875 $ 1,090      
Debt cost amortization 34     68        
Riverfront permanent loan 88,993     $ 88,993   $ 88,925    
Dock 79 EagleBank                
Term     120 months          
Riverfront permanent loan               $ 90,000
Interest rate               4.125%
Payment terms     During the first 48 months of the loan term, the Joint Venture will make monthly payments of interest only, and thereafter, make monthly payments of principal and interest in equal installments based upon a 30-year amortization period.          
Wells Fargo Level I                
Commitment fee       0.15%        
Interest rate over LIBOR       1.00%        
Wells Fargo Level II                
Commitment fee       0.20%        
Interest rate over LIBOR       1.25%        
Wells Fargo Level III                
Commitment fee       0.25%        
Interest rate over LIBOR       1.50%        
Wells Fargo Bank, N.A.                
Term           5 years    
Revolving Credit Agreement             $ 20,000  
Letters of credit issued 411     $ 411        
Borrowed under the revolver 0     0        
Available for borrowing 19,589     19,589        
Available to pay dividends or repurchase stock $ 219,000     $ 219,000        
Letter of credit fee       1.00%        
Interest rate 1.17825%     1.17825%        
Covenant compliance       all