Long-Term Debt

3 Months Ended

Mar. 31, 2016

NOTE 6. LONG-TERM DEBT

Long-term debt, net as of March 31, 2016 and December 31, 2015, was as follows:


	March 31, 2016		December 31, 2015

Revolving credit facilities (a)	$	-	$	-
5% Senior Subordinated Notes due 2017 (refer to Note 16)		22,610		22,610
Term note (b)		110		105
Unamortized discount		(2,163)		(2,582)
		20,557		20,133
Less current portion		(110)		-
	$	20,447	$	20,133

(a)

As of March 31, 2016, the Company had drawn $0 on a $20,000 revolving credit facility with the Lender with a maturity date of April 1, 2017.

(b)

The term loan is payable to a government entity with interest rate of 0.75% and no monthly installments. The note matures in March 2017.