Quarterly report pursuant to Section 13 or 15(d)

BANK FINANCING (Tables)

v3.19.3
BANK FINANCING (Tables)
9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Credit Agreement Debt
A summary of our debt, including our debt under the Credit Agreement, is as follows:
 
 
 
 
 
September 30, 2019
 
Maturity
 
Effective Interest Rate
 
Current
 
Long Term
Debt:
 
 
 
 
 
 
 
Revolver
March 11, 2021
 
5.75%
 
$
7,334,840

 
$

Revolver B
February 28, 2020
 
5.50%
 
3,000,000

 

Term Loan A
March 11, 2021
 
6.00%
 
2,416,667

 
1,739,625

Term Loan B & C
June 1, 2024
 
6.00%
 
154,464

 
2,574,015

Leumi
September 20, 2024
 
3.44%
 
339,463

 
1,357,850

Other Debt (1)
 
 
 
 
73,311

 
185,004

Total Debt
 
 
 
 
$
13,318,745

 
$
5,856,494

(1)
Other Debt includes various debt instruments that have maturities up to March 20, 2024 with varying interest rates between 2.75% and 3.6%.
 
 
 
 
 
December 31, 2018
 
Maturity
 
Effective Interest Rate
 
Current
 
Long Term
Debt:
 
 
 
 
 
 
 
Revolver
March 11, 2021
 
5.50%
 
$
5,500,416

 
$

Term Loan A
March 11, 2021
 
5.75%
 
2,000,000

 
3,656,291

Term Loan B & C
June 1, 2024
 
5.75%
 
154,464

 
2,689,863

Other Debt (1)
 
 
 
 
50,189

 
14,415

Total Debt
 
 
 
 
$
7,705,069

 
$
6,360,569

(1)
Other Debt includes various debt instruments that have maturities that range from February 3, 2019 to June 28, 2020 with an interest rate of 3.6%.