Debt (Details) - Revolving Credit Facility |
3 Months Ended | ||
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Mar. 31, 2017
USD ($)
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Dec. 31, 2016
USD ($)
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Nov. 25, 2014
USD ($)
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Line of Credit Facility [Line Items] | |||
Maximum borrowing capacity | $ 170,000,000.0 | ||
Remaining borrowing capacity | $ 144,149,393 | $ 146,181,002 | |
Maximum leverage ratio | 4.0 | ||
Debt covenant, minimum availability required | $ 10,000,000 | ||
London Interbank Offered Rate (LIBOR) | |||
Line of Credit Facility [Line Items] | |||
Increments of debt that can be converted | $ 500,000 | ||
Maximum | London Interbank Offered Rate (LIBOR) | |||
Line of Credit Facility [Line Items] | |||
Basis spread on variable rate | 3.00% | ||
Minimum | |||
Line of Credit Facility [Line Items] | |||
Interest coverage rate | 3.0 | ||
Minimum | London Interbank Offered Rate (LIBOR) | |||
Line of Credit Facility [Line Items] | |||
Basis spread on variable rate | 1.50% |
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- Definition Debt Instrument, Debt Covenant, Interest Coverage Ratio No definition available.
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- Definition Debt Instrument, Debt Covenant, Minimum Availability Required No definition available.
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- Definition Debt Instrument, Debt Covenant, Required Maximum Leverage Ratio No definition available.
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- Definition Line of Credit Facility, Increments of Debt that Can be Converted No definition available.
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- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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