Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation and Significant Accounting Policies (Tables)

v3.2.0.727
Basis of Presentation and Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2015
Basis of Presentation and Significant Accounting Policies [Abstract]  
Impact of early adoption on the condensed consolidated balance sheets
The impact of early adoption on the condensed consolidated balance sheets for the periods presented is noted in the table below (in thousands):

   
June 30, 2015
    
December 31, 2014
  
   
Prior to Adoption of ASU 2015-03
    
ASU 2015-03 Adjustment
    
As Adopted
    
Prior to Adoption of ASU 2015-03
    
ASU 2015-03 Adjustment
    
As Adopted
  
   
   
   
   
   
   
 
Prepaid expenses and other current assets
  
$
2,305
    
$
(188
)
  
$
2,117
    
$
2,088
    
$
(229
)
  
$
1,859
  
Total current assets
  
$
55,911
    
$
(188
)
  
$
55,723
    
$
83,842
    
$
(229
)
  
$
83,613
  
Other assets
  
$
931
    
$
(266
)
  
$
665
    
$
669
    
$
-
    
$
669
  
Total assets
  
$
61,297
    
$
(454
)
  
$
60,843
    
$
89,631
    
$
(229
)
  
$
89,402
  
                                                 
Interest bearing obligations – current
  
$
15,981
    
$
(188
)
  
$
15,793
    
$
19,247
    
$
(229
)
  
$
19,018
  
Total current liabilities
  
$
29,862
    
$
(188
)
  
$
29,674
    
$
36,475
    
$
(229
)
  
$
36,246
  
Interest bearing obligations – long-term
  
$
32,477
    
$
(266
)
  
$
32,211
    
$
16,290
    
$
-
    
$
16,290
  
Total liabilities
  
$
92,583
    
$
(454
)
  
$
92,129
    
$
86,532
    
$
(229
)
  
$
86,303