Subsequent Events

6 Months Ended

Jun. 30, 2019

Subsequent Events [Abstract]

Subsequent Events

13.SUBSEQUENT EVENTS

The Company evaluated subsequent events and accounting and disclosure requirements related to including material subsequent events in its condensed consolidated financial statements and related notes. The Company did not identify any material subsequent events impacting its financial statements in this report.

On July 24, 2019, CRM and RMTC entered into a purchase agreement, effective as of July 1, 2019, in which CRM will purchase RMTC’s 25% ownership interest in CBS for CAD 0.2 million ($0.2 million based on the exchange rate in effect on July 24, 2019). The Company began consolidating CBS as a wholly-owned subsidiary beginning in July 2019.

On August 1, 2019, the Company and BMO entered into the First Amending Agreement, dated as of August 1, 2019, amending the BMO Credit Agreement by extending one of the maturity date triggers applicable to Credit Facility B, Credit Facility C and Credit Facility F from August 2019 to October 31, 2019.