NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Debt

The following table summarizes our outstanding debt as of December 31, 2019 and 2018:

	Maturity	Stated Interest Rate	2019		2018
Subordinated Notes Payable- acquisitions	10/1/2019 - 7/1/2021	2.00% - 3.50%	$	7,185	$	10,327
Term Loan - Wells Fargo term loan	12/31/2024	8.00%	20,000		—
Term Loan - Wells Fargo Syndicate Partner	5/25/2022	10.55%	—		52,106
Term Loan - Wells Fargo	5/25/2022	5.55%	—		52,106
Total Notes Payable			$	27,185	$	114,539
Short-term notes payable			$	2,696	$	5,864
Long-term notes payable			$	24,489	$	108,675

Schedule of Debt And Debt Issuance Costs

The following table summarizes the debt issuance costs as of December 31, 2019 and 2018:

	December 31, 2019
	Gross Notes Payable		Debt Issuance Costs			Net Notes Payable
Notes payable, current portion	$	2,696	$	(125	)	$	2,571
Notes payable, net of current portion	24,489		(347		)	24,142
Total Notes Payable	$	27,185	$	(472	)	$	26,713

	December 31, 2018
	Gross Notes Payable		Debt Issuance Costs			Net Notes Payable
Notes payable, current portion	$	5,864	$	(1,131	)	$	4,733
Notes payable, net of current portion	108,675		(2,041		)	106,634
Total Notes Payable	$	114,539	$	(3,172	)	$	111,367

Schedule of Maturities of Long-term Debt

The following table summarizes the future gross principal payments related to our outstanding debt as of December 31, 2019:

Year Ending
2020	$	2,696
2021	5,489
2022	1,000
2023	1,000
2024	17,000
Gross Notes Payable	$	27,185

Schedule of Long-term Debt Instruments

The Third Restated Credit Agreement amends the applicable margin rates for determining the interest rate payable on the loans as follows:

Leverage Ratio	Applicable Margin Relative to Base Rate Loans	Applicable Margin Relative to LIBOR Rate Loans
< 2.00:1.00	2.25% percentage points	3.25% percentage points
≤ 3.00:1.00, and ≥ 2.00:1.00	2.75% percentage points	3.75% percentage points
≥ 3.00:1.00	3.25% percentage points	4.25% percentage points