Debt Obligations (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Schedule of Long Term Debt

Debt obligations as of March 31, 2020 and December 31, 2019 consisted of the following:

	As of
	March 31, 2020			December 31, 2019
	(in thousands)
Revolving line of credit:
MUFG	$	50,000		$	41,000
Balance		50,000			41,000
Less: Current portion of long-term debt		(50,000	)		(41,000	)
Long-term debt	$	—		$	—

Schedule of Debt Obligations

As of March 31, 2020, debt obligations were as follows (dollars in thousands):

Lender	Loan Start Date	Loan Amount		Annual Interest Rate			Maturity Date
MUFG	3/23/2020	$	3,000		2.46	%	9/21/2020
MUFG	3/24/2020		9,000		2.37	%	3/24/2021
MUFG	12/19/2019		38,000		2.97	%	6/10/2020
		$	50,000

As of December 31, 2019, debt obligations were as follows (dollars in thousands):

Lender	Loan Start Date	Loan Amount		Annual Interest Rate			Maturity Date
MUFG	12/19/2019	$	38,000		2.97	%	6/10/2020
MUFG	8/23/2019		3,000		3.10	%	2/19/2020
		$	41,000