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Related Party Transactions
9 Months Ended
Sep. 30, 2018
Related Party Transactions [Abstract]  
Related Party Transactions

10. 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, 2018 and 2017 are outlined below (unaudited and in thousands): 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30,

 

September 30,

 

    

2018

    

2017

    

2018

    

2017

Tax, utility, insurance and other reimbursement

 

$

128

 

$

118

 

$

524

 

$

467

Rent expense

 

 

254

 

 

254

 

 

761

 

 

762

Capital assets acquired

 

 

82

 

 

32

 

 

286

 

 

384

Total

 

$

464

 

$

404

 

$

1,571

 

$

1,613