General form of registration statement for all companies including face-amount certificate companies

Line of credit, short term loan and notes payable (Q1) (Tables)

v3.20.1
Line of credit, short term loan and notes payable (Q1) (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Line of credit, short term loan and notes payable [Abstract]    
Components of Debt
The components of the Company’s debt consist of the following:
 
   
March 31, 2020
 
December 31, 2019
 
   
Amount
   
Rate
 
Maturity
Date
 
Amount
   
Rate
   
Maturity
Date
 
Short term loan, net
 
$
17,023
     
(1
)
12/19/2020
 
$
16,061
     
(1
)
 
12/19/2020
 
Line of credit, net
   
5,366
     
(1
)
12/19/2020
   
4,819
     
(1
)
 
12/19/2020
 
                                         
November 2019 notes payable, net (November 2019 Notes)
   
2,839
     
10
%
11/4/2021
   
2,769
     
10
%
 
11/4/2021
 
December 2019 senior notes payable, net (Seller Notes)
   
9,494
     
10
%
6/30/2023
   
9,191
     
10
%
 
6/30/2023
 
December 2019 junior notes payable, net (Seller Notes)
   
4,565
     
10
%
6/30/2023
   
4,410
     
10
%
 
6/30/2023
 
ABG Notes
   
661
     
10
%
6/30/2023
   
-
     
-
     
-
 
Total debt
 
$
39,948
              
$
37,250
                 

(1)
Interest at Bank of Montreal Prime plus 8.05%
The components of the Company’s debt consist of the following:
 
   
December 31, 2019
 
December 31, 2018
   
Amount
   
Rate
 
Maturity
Date
 
Amount
   
Rate
 
Maturity
Date
Note payable (due to related parties)
 
$
-
            
$
1,600
     
26.6%

May 6, 2019
Short term loan, net
   
16,061
     
(2)

December 19, 2020
                    
Lines of credit, net
   
4,819
     
(2)


December 19, 2020
   
4,600
     
(1)

May 6, 2019
                                             
November 2019 notes payable, net (November 2019 Notes)
   
2,769
     
10.0%

November 4, 2021
                    
December 2019 senior notes payable, net (Seller Notes)
   
9,191
     
10.0%

June 30, 2023
   
-
            
December 2019 junior notes payable, net (Seller Notes)
   
4,410
     
10.0%

June 30, 2023
                    
Total debt
   
37,250
               
6,200
            

(1)
Interest at LIBOR plus 3%

(2)
Interest at Bank of Montreal Prime plus 8.05%