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Related Party Transactions
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2017 and 2016 are outlined below (unaudited and in thousands): 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

    

2017

    

2016

   

2017

    

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax, utility, insurance and other reimbursement

 

$

206

 

$

192

 

$

349

 

$

372

Rent expense

 

 

254

 

 

254

 

 

508

 

 

507

Capital assets acquired

 

 

119

 

 

87

 

 

352

 

 

167

Total

 

$

579

 

$

533

 

$

1,209

 

$

1,046