Note 8 - Commitments and Contingencies

12 Months Ended

Dec. 31, 2015

Notes

Note 8 - Commitments and Contingencies

Note 8 - Commitments and Contingencies

Letters of Credit

Under the terms of financing arrangements for letters of credit, E&S is required to maintain a balance in a specific cash account equal to or greater than the outstanding value of all letters of credit or bank guarantees issued, plus other amounts necessary to adequately secure obligations with the financial institution.  As of December 31, 2015, there were outstanding letters of credit and bank guarantees of $600, which are scheduled to expire in 2016.  There was no restricted cash included in other assets as of December 31, 2015 or 2014.