Debt and Capital Lease Obligations (Tables)
6 Months Ended
Jun. 30, 2013
Debt other than Related Party Debt

The Company’s debt, other than related party debt, consisted of the following at June 30, 2013:

 

(in thousands, except installment amounts and interest rates)

   June 30,
2013
 

Notes payable to finance companies for the purchase of vehicles and equipment in 36 to 60 monthly installments totaling $10,020, including interest ranging from 2.9% to 10.35%. The notes are secured by vehicles and equipment

   $ 117   

Less – current portion of debt

     (89 ) 
  

 

 

 

Debt, net of current portion

   $ 28   
  

 

 

 
Maturities of Debt

Maturities of debt are as follows:

 

(in thousands)

   Years Ending
December 31,
 

2013

   $ 49   

2014

     66   

2015

     2   
  

 

 

 
   $ 117   
  

 

 

 
Future Minimum Lease Payments and Capital Lease Obligations

Our future minimum lease payments and capital lease obligations are as follows:

 

(in thousands)

   At June 30,
2013
 

Year ending December 31,

  

2013

   $ 153   

2014

     214   

2015

     173   

2016

     33   

2017

     12   
  

 

 

 

Total future minimum lease payments

     585   

Less – amounts representing interest

     (40 ) 
  

 

 

 

Total capital lease obligations

     545   

Less – current portion of capital lease obligations

     (244 ) 
  

 

 

 

Capital lease obligations, net of current portion

   $ 301