Banking Facilities and Debt (Tables)

9 Months Ended

Sep. 30, 2013

Banking Facilities and Debt

Summary of outstanding debt

A summary of outstanding debt at the dates indicated is as follows (in thousands):

	September 30,		December 31,
	2013		2012
Term Loan	$	14,167	$	16,667
Draw Term Loan	8,750		10,000
Revolving Facility (1)	—		—
Subtotal	22,917		26,667
Less current installments	5,000		5,000
Debt, excluding current installments	$	17,917	$	21,667

(1) The Company had letters of credit totaling $637 issued on the Revolving Facility at both September 30, 2013 and December 31, 2012.