|9 Months Ended|
Sep. 30, 2018
|Bank Debt/Term Loans [Abstract]|
7. BANK DEBT
Bank debt as of September 30, 2018 and December 31, 2017 consisted of the following:
The interest expense associated with the bank debt during the three months ended September 30, 2018 and 2017 amounted to $8 and $4, respectively. The interest expense associated with the bank debt during the nine months ended September 30, 2018 and 2017 amounted to $18 and $12, respectively. There are no financial covenants associated with the bank debt.
The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef