Transactions between the Company and Related Parties (Tables)

12 Months Ended

Dec. 31, 2019

Related Party Transactions [Abstract]

Schedule of Accounts Receivable and Accounts Payable with Related Parties

As of December 31, 2019, and 2018, the Company had accounts receivable and accounts payable with related parties as shown below:

		December 31, 2019		December 31, 2018
Accounts Receivable	Terex	$	9	$	23
	Tadano		88		—
		$	97	$	23
Accounts Payable	Terex	$	325	$	1,394
		$	325	$	1,394
Net Related Party    Accounts Payable		$	228	$	1,371

Related Party Transactions

The following is a summary of the amounts attributable to certain related party transactions as described in the footnotes to the table, for the periods indicated:

	2019		2018		2017
Bridgeview Facility (2)	$	273	$	268	$	263
Sales to:
SL Industries, Ltd (1)	n/a		n/a			8
Tadano		144	n/a		n/a
Terex		35		43		34
Total Sales	$	179	$	43	$	42
Inventory Purchases from:
SL Industries, Ltd (1)	n/a		n/a			564
Lift Ventures	n/a		n/a			618
BGI (1)	n/a		n/a			2,886
Terex		1,858		2,306		990
Total Inventory Purchases	$	1,858	$	2,306	$	5,058

(1) These companies are controlled by a former executive officer of the Company.  The former officer retired effective December 31, 2016 but provided consulting services to the Company through April 30, 2017.  Although the Company continues to purchase from SL Industries and BGI, these entities are not related parties after December 31, 2017. Therefore, accounts payable to these companies are included in trade payables beginning in 2018.

(2) The Company leases its 40,000 sq. ft. Bridgeview facility from an entity controlled by Mr. David Langevin, the Company’s Executive Chairman and former CEO. Pursuant to the terms of the lease, the Company makes monthly lease payments of $23. The Company is also responsible for all the associated operations expenses, including insurance, property taxes, and repairs. On October 3, 2018, the lease was amended to extend the initial lease term to fifteen years expiring in May 3, 2025 with a provision for an option one five-year period and thereafter, six one-year extension periods. The lease contains a rental escalation clause under which annual rent is increased during the initial lease term by the lesser of the increase in the Consumer Price Increase or 2.0%. Rent for any extension period shall, however, be the then-market rate for similar industrial buildings within the market area. The Company has the option to purchase the building by giving the Landlord written notice at any time prior to the date that is 180 days prior to the expiration of the lease or any extension period. The Landlord can require the Company to purchase the building if a Change of Control Event, as defined in the agreement occurs by giving written notice to the Company at any time prior to the date that is 180 days prior to expiration of the lease or any extension period. The purchase price regardless whether the purchase is initiated by the Company or the landlord will be the Fair Market Value as of the closing date of said sale.

Summary of Notes Payable to Related Parties

At December 31, 2019 and 2018, the Company has the following note payable to Terex:

	Years Ended December 31,
	2019		2018
Convertible note	$	7,323	$	7,158