Debt and Notes Payable (Tables)

3 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Schedule of Long-term Debt to Financial Institutions

Following is a summary of our long-term debt to financial institutions as of March 31, 2015 and December 31, 2014, in thousands:

	March 31,
	2015		December 31,
	(Unaudited)		2014
Fixed rate term note payable to a U.S. bank, with an interest rate of 5.5% at March 31, 2015, due January 1, 2016, secured by real estate, leasehold improvements, property, plant and equipment, inventory and accounts receivable of the Company’s U.S. Operation.	$	377	$	486
Fixed rate Euro term note payable to a Netherlands bank, with an interest rate of 3.85% at March 31, 2015, due July 1, 2029, secured by TPT’s land and office building.  (Balance in Euro at March 31, 2015, €236)		248		286
Fixed rate Euro term note payable to a Netherlands bank, with an interest rate of 3.3% at March 31, 2015, due January 31, 2030, secured by TPT’s land and building.  (Balance in Euro at March 31, 2015, €262)		276		316
Malaysian Ringgit term note payable to a Malaysian bank, with an interest rate 2% above the bank base lending rate, 5.2% at March 31, 2015, due March 1, 2016, secured by TMM’s property, plant and equipment. (Balance in Ringgit at March 31, 2015, RM 1,458)		315		417
Malaysian Ringgit term note payable to a Malaysian bank, with an interest rate 2% above the bank base lending rate, 5.2% at March 31, 2015, due October 25, 2018, secured by TMM’s property, plant and equipment. (Balance in Ringgit at March 31, 2015, RM 4,250)		1,102		1,215
Total		2,318		2,720
Less current maturities		1,002		1,113
Total long-term debt - financial institutions	$	1,316	$	1,607