Long-Term Debt

12 Months Ended

Dec. 31, 2017

Long-Term Debt

Long-Term Debt

11. Long‑Term Debt

Long‑term debt consisted of the following at December 31, 2017 and 2016:

	December 31,
(dollars in thousands)	2017		2016
Capital lease(1)	$	34	$	41
Total long-term debt	$	34	$	41

⁽¹⁾ Interest is payable monthly.

At December 31, 2017 and 2016, the Company had a capital lease obligation with a 6.78% interest rate that matures in 2021.

At December 31, 2017, future contractual principal payments on long‑term debt were as follows:

	Principal
(dollars in thousands)	Payments
Year ending December 31:
2018	$	8
2019		8
2020		9
2021		9
Total	$	34