Short-term and long-term debt (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Short-term and long-term debt

Elements of short-term and long-term debt are as follows:

	September 30, 2018			December 31, 2017
(in thousands)
Short-term & long-term debt
Short-term debt:
- Revolving credit line and other debt	$	29,065		$	65,152
- Long-term debt: current		1,050			1,050
Subtotal		30,115			66,202
Long-term debt:
- Term Loan Facility		103,163			103,950
- Vehicle and equipment loans		8			39
- Capital lease obligations		5			20
- Less: deferred financing costs on term loan		(3,501	)		(2,851	)
Subtotal		99,675			101,158
Total short-term & long-term debt (1)	$	129,790		$	167,360

(1) Long-term debt is net of deferred financing costs.

Future minimum lease payments under capital leases

The Company rents certain equipment with a net book value of approximately $0.1 million at September 30, 2018 under leases which have been classified as capital leases. Scheduled future minimum lease payments under capital leases, net of interest, are as follows:

Twelve Month Period Ending September 30,	Amount
(in thousands)
-2019	$	67
-2020		14
-2021		-
-2022		-
-2023		-
Subtotal		81
Less interest expense		(3	)
Total	$	78

Maturities of long-term debt and capital lease obligations

Scheduled maturities of the Company’s long-term debt and capital lease obligations are as follows:

Twelve Month Period Ending September 30,	Amount
(in thousands)
-2019	$	1,903
-2020		2,113
-2021		2,100
-2022		2,100
-2023		2,100
Thereafter		93,975
Total	$	104,291