Notes Payable (Tables)

12 Months Ended

Dec. 31, 2016

Notes Payable [Abstract]

Summary of Credit Agreement and Notes Payable

Notes payable as of December 31, 2016 and 2015 consisted of the following (dollars in thousands):

	December 31, 2016			December 31, 2015
Credit Agreement average effective interest rate of 2.5% inclusive of unused fee	$	46,000		$	44,000
Various notes payable with $1,227 plus accrued interest due in the next year interest accrues in the range of 3.25% through 3.5% per annum		5,823			5,110
		51,823			49,110
Less current portion		(1,227	)		(775	)
Long term portion	$	50,596		$	48,335

Summary of Aggregate Annual Payments of Principal Required to Revolving Credit Facility

Aggregate annual payments of principal required pursuant to the Credit Agreement and the above notes payable subsequent to December 31, 2016 are as follows (in thousands):

During the twelve months ended December 31, 2017	$	1,227
During the twelve months ended December 31, 2018		48,750
During the twelve months ended December 31, 2019		1,846
	$	51,823