|9 Months Ended|
Sep. 30, 2020
|Debt Disclosure [Abstract]|
|DEBT OBLIGATIONS||DEBT OBLIGATIONS
The following table presents certain information regarding the Company’s debt obligations at September 30, 2020 and December 31, 2019:
Including the effect of deferred financing costs. (B)Interest rate based on 3 month LIBOR plus 2.25%. Collateral for this obligation is the Company's general credit.
The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef