Quarterly report pursuant to Section 13 or 15(d)

DEBT (Details)

v3.20.2
DEBT (Details)
3 Months Ended 6 Months Ended 12 Months Ended
Jan. 14, 2021
Jan. 13, 2020
USD ($)
Sep. 19, 2019
USD ($)
Oct. 11, 2018
USD ($)
Sep. 18, 2018
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
item
Jun. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
item
Aug. 02, 2021
Aug. 01, 2021
Aug. 01, 2020
USD ($)
Debt                          
Short-term borrowings           $ 11,402,000   $ 11,402,000   $ 10,849,000      
Loan term (in years)       3 years                  
General and administrative expenses           5,386,000 $ 6,474,000 11,586,000 $ 11,236,000        
Current portion of term loan           700,000   700,000   700,000      
Unamortized deferred financing fees           (1,409,000)   (1,409,000)   (1,448,000)      
Long-term debt, net           32,527,000   32,527,000   $ 32,658,000      
Amortization of deferred financing costs               $ 365,000 308,000        
Number of financial covenants | item               4   4      
Restricted Cash and Cash Equivalents, Current           $ 468,000   $ 468,000   $ 468,000      
New Centre Lane Facility                          
Debt                          
Loan term (in years)         4 years                
Term loan         $ 35,000,000                
Term loan, annual administrative fee         $ 25,000                
Percentage of voting equity interests of domestic subsidiaries and certain specified foreign subsidiaries         100.00%                
Prepayment of aggregate principal amount, as percentage of excess cash flow         75.00%                
Threshold business days         5                
Threshold consecutive days         90 days                
Term loan, mandatory prepayment         $ 500,000                
Interest rate on letters of credit issued under the revolving letter of credit sublimit           12.50%   12.50%   12.50%      
New Centre Lane Facility | Minimum                          
Debt                          
Term loan, periodic principal repayment     $ 1,000,000                    
New Centre Lane Facility | Payment In Cash | LIBOR-based loans                          
Debt                          
Term loan, interest rate         10.00%                
New Centre Lane Facility | Payment In Cash | LIBOR-based loans | Minimum                          
Debt                          
Interest rate percentage         2.50%                
Revolving Credit Facility                          
Debt                          
Current debt           $ 12,102,000   $ 12,102,000   $ 11,549,000      
Unamortized deferred financing fees           (986,000)   (986,000)   (1,029,000)      
Long-term debt, net           32,527,000   32,527,000   32,658,000      
Total debt, net           44,629,000   44,629,000   44,207,000      
Amortization of deferred financing costs           183,000 154,000 365,000 308,000        
Scheduled maturities of the New Centre Lane Facility                          
Total debt, net           44,629,000   44,629,000   44,207,000      
Revolving Credit Facility | New Centre Lane Facility                          
Debt                          
Term loan           33,513,000   33,513,000   33,687,000      
Current portion of term loan           700,000   700,000   700,000      
Revolving Credit Facility | Midcap Financial Trust                          
Debt                          
Maximum borrowing capacity       $ 15,000,000                  
Short-term borrowings           11,402,000   $ 11,402,000   10,849,000      
Letter of credit fee (as a percent)               6.00%          
Amortization of deferred financing costs           73,000 59,000 $ 145,000 118,000        
Unused line fee               $ 0.5          
Revolving Credit Facility | Midcap Financial Trust | LIBOR-based loans                          
Debt                          
Current interest rate (as a percent)               6.00%          
Revolving Credit Facility | Midcap Financial Trust | LIBOR-based loans | Minimum                          
Debt                          
Interest rate percentage               1.00%          
Non Cash Collateralized Letters Of Credit | Midcap Financial Trust                          
Debt                          
Non-cash collateralized letters of credit           6,000,000   $ 6,000,000          
Outstanding non-cash collateralized letters of credit           $ 900,000   $ 900,000   1,800,000      
Term loan, interest rate           6.00%   6.00%          
Outstanding letters of credit           $ 0   $ 0          
Secured asset based revolving credit facility | Midcap Financial Trust                          
Debt                          
Available borrowings           5,400,000   5,400,000          
Borrowing availability against eligible accounts receivable (as a percentage)       85.00%                  
Term loan, periodic principal repayment       $ 100,000                  
Minimum casualty proceeds for repayment on occurrence of certain events       $ 25,000                  
Period prior to maturity for prepayment rate (in days)       90 days                  
Prepayment rate if termination occurs in first two year       2.00%                  
Prepayment rate if termination occurs in third year       1.50%                  
Prepayment rate if termination occurs after year three       1.00%                  
Secured asset based revolving credit facility | Midcap Financial Trust | Maximum                          
Debt                          
Non-cash collateralized letters of credit       $ 6,000,000                  
Third Amendment to the MidCap Facility [Member] | Midcap Financial Trust                          
Debt                          
Maximum borrowing capacity   $ 25,000,000                      
Amendment fee   150,000                      
Cash Collateral Amount In Line Of Credit Terms   2,500,000                      
Increase in maximum available principal amount   $ 10,000,000                      
Fourth amendment to Midcap Facility | Midcap Financial Trust | Subsequent Event                          
Debt                          
Borrowing availability against eligible accounts receivable (as a percentage)                     50.00% 60.00%  
Origination fees payable                         $ 0
Payment and performance surety bonds                          
Debt                          
Outstanding surety bond           61,600,000   61,600,000   59,300,000      
New Centre Lane Facility | New Centre Lane Facility                          
Debt                          
Amortization of deferred financing costs           110,000 $ 95,000 220,000 $ 190,000        
Third Amendment to Centre Lane Agreement | New Centre Lane Facility                          
Debt                          
General and administrative expenses               200,000          
Prepayment premium, beginning on January 13, 2020 (as a percent)   2.00%                      
Third Amendment to Centre Lane Agreement | New Centre Lane Facility | Subsequent Event                          
Debt                          
Prepayment premium, beginning January 14, 2021 and thereafter (as a percent) 1.00%                        
January 13, 2020 to January 13, 2021 | New Centre Lane Facility                          
Debt                          
Prepayment premium, percentage         2.00%                
January 14, 2021 to January 13, 2022 | New Centre Lane Facility                          
Debt                          
Prepayment premium, percentage         1.00%                
After January 13, 2022 | New Centre Lane Facility                          
Debt                          
Prepayment premium, percentage         0.00%                
December 31, 2018 to June 30, 2019 | New Centre Lane Facility                          
Debt                          
Percentage of principal amount must repay         0.25%                
September 30, 2019 | New Centre Lane Facility                          
Debt                          
Percentage of principal amount must repay         0.50%                
Threshold One | Secured asset based revolving credit facility | Midcap Financial Trust                          
Debt                          
Borrowing availability against eligible costs and estimated earnings in excess of billings, after certain customary exclusions and reserves (as a percentage)       80.00%                  
Threshold Two | Secured asset based revolving credit facility | Midcap Financial Trust                          
Debt                          
The line of credit facility maximum borrowing available, after customary exclusions and reserves       $ 1,000,000                  
Other Noncurrent Assets | Revolving Credit Facility | Midcap Financial Trust                          
Debt                          
Unamortized deferred financing fees           (423,000)   (423,000)   (419,000)      
Long-term debt, net | New Centre Lane Facility | New Centre Lane Facility                          
Debt                          
Unamortized deferred financing fees           $ (986,000)   $ (986,000)   $ (1,029,000)