Annual report pursuant to Section 13 and 15(d)

POST-RETIREMENT OBLIGATIONS

v3.20.4
POST-RETIREMENT OBLIGATIONS
12 Months Ended
Dec. 31, 2020
Retirement Benefits [Abstract]  
POST-RETIREMENT OBLIGATIONS POST-RETIREMENT OBLIGATIONSIn July 2015 and June 2018, we entered into retirement agreements with our former CEO, Nicholas Carter, and our former VP of Accounting & Compliance, Connie Cook. Mr. Carter’s agreement provides continued welfare benefits for him and his wife for life at the same cost sharing basis as regular employees. Ms. Cook’s agreement provides continued welfare benefits for her and her husband until eligible for Medicare. Approximately $0.3 million and $0.3 million was outstanding at December 31, 2020, and 2019, respectively, and included in post-retirement benefits. For the period ended December 31, 2020, and 2019, approximately $0.01 million and $0.02 million, respectively, had been paid.