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Borrowings (Tables)
12 Months Ended
Dec. 31, 2016
Borrowings  
Summary of term debt

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

 

 

 

 

 

 

 

 

 

 

2016

    

2015

 

Term loans

 

$

3,098

 

$

3,606

 

Obligations under capital lease

 

 

3,269

 

 

8,961

 

Total

 

$

6,367

 

$

12,567

 

 

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):

 

 

 

 

 

 

    

Aggregate

 

Year

 

Amount

 

2017

 

$

694

 

2018

 

 

715

 

2019

 

 

737

 

2020

 

 

759

 

2021

 

 

193

 

2022

 

 

 —

 

 

 

$

3,098