NOTES PAYABLE AND LONG-TERM DEBT (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Short-term debt and current portion of long-term debt consisted of the following as of September 30, 2018 and December 31, 2017 (dollars in thousands):

	September 30,		December 31,
	2018		2017
Current portion of installment note payable due in November with variable interest rate equal to the WSJ prime rate plus 0.5%. Unsecured.	$	800	$	800
Line of credit with variable interest rate equal to the WSJ prime rate, subject to a 5.0% floor; maturity March 2020 (renewed March 2018).  Interest payments due quarterly.  Unsecured.	—		500
	$	800	$	1,300

Schedule of Long-term Debt Instruments

Long-term debt consisted of the following as of September 30, 2018 and December 31, 2017 (dollars in thousands):

	September 30,		December 31,
	2018		2017
Promissory note with variable interest rate equal to the WSJ prime rate plus 0.5%; maturity November 2019. Annual installment payments beginning November 2017 with final balloon payment due November 30, 2019. Unsecured.	$	2,200	$	2,200
Subordinated debentures issued on December 15, 2005 with floating rate interest equal to 3-Month LIBOR plus 375 basis points; net of $162,000 in debt issuance cost ($168,000 in 2017); maturity December 2035.  Interest payable quarterly.  Redeemable prior to maturity. Unsecured.	9,117		9,111
Subordinated debentures issued on June 21, 2007 with floating rate interest equal to 3-Month LIBOR plus 340 basis points; net of $62,000 in debt issuance cost ($65,000 in 2017); maturity June 15, 2037. Interest payable quarterly.  Redeemable prior to maturity. Unsecured.	3,031		3,028
	$	14,348	$	14,339