XML 50 R14.htm IDEA: XBRL DOCUMENT v3.2.0.727
Debt
6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Debt
8.
DEBT
Debt consisted of the following at June 30, 2015 and December 31, 2014:
 
 
 
 
(in thousands)
June 30,
2015
 
December 31,
2014
Term loan payable in quarterly principal installments of $750, from June 2013 to December 2016. Interest based on adjustable rate as determined by three month LIBOR (1.79% as of 6/30/2015)
$
21,750

 
$
23,250

Less current portion
(3,000
)
 
(3,000
)
 
$
18,750

 
$
20,250

 
 
 
 
The following is a schedule of future debt maturities as of June 30, 2015, for the years ending December 31 (in thousands):
 
 
2015
$
1,500

2016
3,000

2017
17,250

2018

2019

Thereafter

 
$
21,750