Debt and Notes Payable (Tables)

3 Months Ended

Mar. 31, 2016

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, 2016 and December 31, 2015, in thousands:

		March 31, 2016		December 31, 2015
Fixed rate Euro term note payable to a Netherlands bank, with an interest rate of 3.85% at March 31, 2016, due July 1, 2029, secured by TPT's land and buildings.  (Balance in Euro at March 31, 2016, €212)	$	241	$	235
Fixed rate Euro term note payable to a Netherlands bank, with an interest rate of 3.3% at March 31, 2016, due January 31, 2030, secured by TPT's land and buildings.  (Balance in Euro at March 31, 2016, €238)		271		264
Fixed rate Euro term note payable to a Netherlands bank, with an interest rate of 3.0% per annum, due December 31, 2025, is secured by TPT's land and buildings. (Balance in Euro at March 31, 2016, €975)		1,110		1,087
Variable rate Euro term note payable to a Netherlands bank, with a EURIBOR interest rate plus bank margin of 2.3% per annum, due December 31, 2020, is secured by substantially all of TPT's assets.  (Balance in Euro at March 31, 2016, €2,232)		2,543		2,554
Malaysian Ringgit term note payable to a Malaysian bank, with an interest rate 2% above the bank base lending rate, which was 5.2% at March 31, 2016, due October 25, 2018, secured by TMM's property, plant and equipment. (Balance in Ringgit at March 31, 2016, RM 3,000)		774		756
Malaysian Ringgit term note payable to a Malaysian bank, with an interest rate 2% above the bank base lending rate, which was 5.2% at March 31, 2016, secured by TMM's property, plant and equipment.  Paid in full at maturity, March 31, 2016.		-		68
Total		4,939		4,964
Less current maturities		1,466		1,485
Total long-term debt - financial institutions	$	3,473	$	3,479