XML 56 R25.htm IDEA: XBRL DOCUMENT v3.20.1
Subsequent Events
12 Months Ended
Dec. 31, 2019
Subsequent Events [Abstract]  
Subsequent Events

19.

Subsequent Events

In January 2020, the Company’s Board of Directors approved a retention program for certain key employees.  As a result, in January 2020, we paid approximately $2,982 in retention bonuses to certain key employees.  If an employee’s employment is terminated by the Company for “cause” or the employee resigns without “good reason” (each term as defined in the Retention Agreement), in either case, before specified future events set forth in the Retention Agreement, the employee will be required to repay to the Company an amount equal to the retention bonus.

On March 29, 2020, we filed the Chapter 11 Cases and on March 30, 2020, we entered into the DIP Facility.  In April 2020, we borrowed $5,000 under the DIP Facility.  For additional information concerning the Chapter 11 Cases and the DIP Facility, see Note 1 to the Consolidated Financial Statements.