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Related Party Transactions
3 Months Ended
Mar. 31, 2017
Related Party Transactions [Abstract]  
Related Party Transactions

9. Related Party Transactions 

 

The Company periodically executes transactions with entities affiliated with its Chairman and Chief Executive Officer. Such transactions include automobile, furniture and equipment purchases as well as building operating lease payments and receipts, and reimbursement for the use of a private aircraft service by the Company’s officers and directors.

 

The transactions which occurred during the three months ended March 31, 2017 and 2016 are outlined below (unaudited and in thousands): 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31,

 

    

2017

    

2016

 

 

 

 

 

 

 

Tax, utility, insurance and other reimbursement

 

$

143

 

$

180

Rent expense

 

 

254

 

 

253

Capital assets acquired

 

 

233

 

 

80

Total

 

$

630

 

$

513