Related Party Transactions

9 Months Ended

Sep. 30, 2017

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 nine months ended September 30, 2017 and 2016 are outlined below (unaudited and in thousands):


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016
Tax, utility, insurance and other reimbursement	$	118	$	155	$	467	$	527
Rent expense		254		254		762		761
Capital assets acquired		32		24		384		191
Total	$	404	$	433	$	1,613	$	1,479