Quarterly report pursuant to Section 13 or 15(d)

Notes Payable (Tables)

v3.7.0.1
Notes Payable (Tables)
 3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
The following table summarizes NSC Note activities for the three months ended March 31, 2017:
 
($ in thousands)
 
Note Payable
 
Discount
 
Note Payable, Net
 
December 31, 2016 balance
 
$
3,000
 
$
(174)
 
$
2,826
 
Amortization of debt discount
 
 
-
 
 
33
 
 
33
 
March 31, 2017 balance
 
 
3,000
 
 
(141)
 
 
2,859
 
Less: NSC notes payable, short term
 
 
(1,750)
 
 
-
 
 
(1,750)
 
NSC notes payable, long term
 
$
1,250
 
$
(141)
 
$
1,109