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Subsequent Events
12 Months Ended
Dec. 31, 2013
Subsequent Events  
Subsequent Events

(17) Subsequent Events

 

On January 10, 2014, we extended a loan for another 4 years with a new maturity date of January 11, 2018, with interest payable at one-month LIBOR plus 2.25%. The loan was previously scheduled to mature on January 11, 2014. The loan is secured by three engines and interest and principal remain payable quarterly.

 

Management has reviewed and evaluated subsequent events through the date that the financial statements were issued.