Quarterly report pursuant to Section 13 or 15(d)

Notes Payable and Revolving Credit Facility (Tables)

v3.8.0.1
Notes Payable and Revolving Credit Facility (Tables)
 3 Months Ended
Mar. 31, 2018
Debt Instrument [Line Items]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]
The Company’s notes payable, net, includes two loans: (1) the Cantor Loan and (2) the West Mifflin Note, described below. The following table sets forth the aggregate balances of these loans as of the dates presented:
 
 
 
March 31, 2018
 
December 31, 2017
 
Notes payable, gross
 
$
39,475
 
$
39,475
 
Less: Unamortized debt discount
 
 
(898)
 
 
(930)
 
Notes payable, net
 
$
38,577
 
$
38,545
 
Schedule Of Deferred Financing Costs [Table Text Block]
A rollforward of the deferred financing cost balance as of March 31, 2018, is as follows:
 
Balance as of January 1, 2018, net
 
$
2,750
 
Additions – Revolving Credit Facility
 
 
753
 
Deferred financing cost amortization expense
 
 
(398)
 
Balance as of March 31, 2018, net
 
$
3,105
 
Cantor Loan [Member]  
Debt Instrument [Line Items]  
Schedule of Maturities of Long-term Debt [Table Text Block]
As of March 31, 2018, scheduled principal payments due for each fiscal year ended December 31 are listed below as follows:
 
2018
 
$
-
 
2019
 
 
-
 
2020
 
 
-
 
2021
 
 
315
 
2022
 
 
449
 
Thereafter
 
 
31,333
 
Total
 
$
32,097
 
West Mifflin Note Payable [Member]  
Debt Instrument [Line Items]  
Schedule of Maturities of Long-term Debt [Table Text Block]
As of March 31, 2018, scheduled principal payments due for each fiscal year ended December 31 are listed below as follows:
 
2018
 
$
22
 
2019
 
 
136
 
2020
 
 
7,220
 
Total
 
$
7,378