Long Term Debt (Details Textual) - USD ($) $ in Thousands |
1 Months Ended | 6 Months Ended | ||||||
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Jan. 04, 2019 |
Oct. 01, 2018 |
Apr. 23, 2019 |
Jan. 31, 2019 |
Dec. 21, 2018 |
Jun. 30, 2019 |
Jun. 30, 2018 |
Dec. 31, 2018 |
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Long Term Debt (Textual) | ||||||||
Interest rate, Description | 3.0% note payable to a lender in relation to a four year vehicle loan for the purchase of a truck used in operations. | |||||||
Convertible notes | $ 40,200 | |||||||
Net cash proceeds | 8,050 | |||||||
Debt issuance costs | 422 | |||||||
Convertible Debt [Member] | ||||||||
Long Term Debt (Textual) | ||||||||
Interest rate, Description | Approximately $1.2 million incurred in January 2019 associated with the issuance of convertible notes in December 2018, were expensed and recognized as interest expense in the condensed consolidated statements of operations for the three and six months ended June 30, 2019 respectively. | |||||||
Convertible notes | $ 8,100 | $ 40,200 | ||||||
Net cash proceeds | 6,500 | 38,900 | ||||||
Net cash proceeds from issuance of convertible notes | $ 15,100 | $ 3,000 | ||||||
Debt issuance costs | $ 400 | $ 400 | ||||||
Convertible Debt [Member] | Class A common stock [Member] | ||||||||
Long Term Debt (Textual) | ||||||||
Convertible notes upon conversion, Shares | 3,547,776 | |||||||
Description of convertible debt | The convertible notes of the Operating Company at a settlement price equal to 80% of the IPO price per share. | |||||||
Real Estate Note [Member] | ||||||||
Long Term Debt (Textual) | ||||||||
Maturity date | Oct. 01, 2025 | |||||||
Purchase of building amount | $ 10,000 | |||||||
Principal amount | $ 8,500 | |||||||
Interest rate, Description | LIBOR plus 2.39% are due monthly. | LIBOR plus 2.39% are due monthly. | ||||||
Line of Credit [Member] | ||||||||
Long Term Debt (Textual) | ||||||||
Revolving credit loan | $ 15,000 | $ 15,000 | ||||||
Maturity date | Aug. 23, 2020 | Aug. 23, 2020 | ||||||
Description of Line of credit | The line of credit borrowing base is 80% of eligible accounts receivable plus 50% of eligible inventory. The line of credit covenants require a fixed charge coverage ratio of no less than 1.25, to be calculated on a quarterly basis on the last day of each calendar quarter. | |||||||
Description of covenant terms | The Company was in compliance with its covenants as of June 30, 2019. | |||||||
Interest rate, Description | LIBOR plus 3.50% per annum. | LIBOR plus 3.50% per annum. |
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- Definition Amount of debt issuance costs incurred in connection with the issuance of convertible notes. No definition available.
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- References No definition available.
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- Definition Carrying value as of the balance sheet date of long-term debt (with maturities initially due after one year or beyond the operating cycle if longer) identified as Convertible Notes Payable, excluding current portion. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of the total principal payments made during the annual reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Identification of the lender and information about a contractual promise to repay a short-term or long-term obligation, which includes borrowings under lines of credit, notes payable, commercial paper, bonds payable, debentures, and other contractual obligations for payment. This may include rationale for entering into the arrangement, significant terms of the arrangement, which may include amount, repayment terms, priority, collateral required, debt covenants, borrowing capacity, call features, participation rights, conversion provisions, sinking-fund requirements, voting rights, basis for conversion if convertible and remarketing provisions. The description may be provided for individual debt instruments, rational groupings of debt instruments, or by debt in total. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of the interest rate as being fixed or variable, and, if variable, identification of the index or rate on which the interest rate is based and the number of points or percentage added to that index or rate to set the rate, and other pertinent information, such as frequency of rate resets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Average amount borrowed under the credit facility during the period. No definition available.
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- Definition Description of the conditions for borrowing under the credit facility including the nature of any restrictions. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of the terms of a credit facility arrangement. Terms typically include interest rate, collateral required, guarantees required, repayment requirements, and restrictions on use of assets and activities of the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Date the credit facility terminates, in CCYY-MM-DD format. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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