Annual report pursuant to Section 13 and 15(d)

Long-term Debt (Tables)

v3.3.1.900
Long-term Debt (Tables)
 12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
 
2015
 
2014
$40,000,000 Revolving line of credit, due November 21, 2017
$
1,875,566

 
$
884,637

$10,000,000 Term loan, due November 21, 2019
7,833,333

 
10,000,000

$22,500,000 Term loan, due August 21, 2022
15,000,000

 
17,250,000

$4,033,250 Mortgage, due August 19, 2023
3,370,810

 
3,654,713

 
28,079,709

 
31,789,350

Less current portion
4,533,908

 
4,533,908

Long-term debt, less current portion
$
23,545,801

 
$
27,255,442