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Borrowings (Tables)
12 Months Ended
Dec. 31, 2015
Term Loan  
Summary of term debt

 

        At December 31, term debt is comprised of the following (dollars in thousands):

                                                                                                                                                                                    

 

 

2015

 

2014

 

Term Loans

 

$

3,606 

 

$

2,653 

 

Obligations under capital lease

 

 

8,961 

 

 

15,128 

 

​  

​  

​  

​  

Total

 

$

12,567 

 

$

17,781 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Summary of remaining scheduled principal repayments

The reductions to the principal balance applying the interest method to the required payments are as follows (dollars in thousands):

                                                                                                                                                                                    

Year

 

Aggregate
Amount

 

2016

 

$

508 

 

2017

 

 

695 

 

2018

 

 

715 

 

2019

 

 

737 

 

2020

 

 

758 

 

2021

 

 

193 

 

​  

​  

 

 

$

3,606 

 

​  

​  

​  

​  

 

BMO Harris Equipment Finance Company  
Term Loan  
Summary of remaining scheduled principal repayments for capital lease

 

The reductions to the remaining principal balance applying the interest method to the estimated minimum lease payments are as follows (dollars in thousands):

                                                                                                                                                                                    

Year

 

Amount

 

2016

 

$

5,455 

 

2017

 

 

3,269 

 

​  

​  

 

 

$

8,724 

 

​  

​  

​  

​