XML 66 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:    
Net Loss $ (13,363) $ (7,540)
Loss (Income) from discontinued operations 2,248 (5,846)
Loss from continuing operations (11,115) (13,386)
Adjustments to reconcile net loss from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 7,940 6,538
Warrants issued for services 89 107
Stock-based compensation expense 1,097 891
Lease expense in excess of cash 194 430
Amortization of deferred financing costs 2,244 1,923
Amortization of debt discounts and premiums 519 750
Derivative (gain) loss (3,006) 1,741
Loss (Gain) on debt extinguishment 109 (500)
Loss on impairment (Note 6) 799 0
Deferred tax expense 87 104
Loss (Gain) on disposal of assets 10 (2)
Provision for bad debts 4,651 4,185
Other noncash expenses 0 40
Changes in certain assets and liabilities, net of acquisitions:    
Accounts receivable (3,937) (12,973)
Prepaid expenses and other (25) 90
Other assets 360 330
Accounts payable and other liabilities 5,279 11,408
Net cash provided by operating activities—continuing operations 5,295 1,676
Net cash used in operating activities—discontinued operations (234) (229)
Net cash provided by operating activities 5,061 1,447
Cash flow from investing activities:    
Proceeds from sale of property and equipment 0 3
Change in restricted cash and investments and escrow deposits for acquisitions (6,905) (3,284)
Acquisitions 0 (61,901)
Proceeds from notes receivable 3,240 0
Purchase of property and equipment (4,490) (5,615)
Net cash used in investing activities—continuing operations (8,155) (70,797)
Net cash provided by investing activities—discontinued operations 5,031 11,635
Net cash used in investing activities (3,124) (59,162)
Cash flows from financing activities:    
Proceeds from debt 7,332 92,476
Repayment on notes payable (8,442) (30,075)
Change in lines of credit (701) 365
Debt issuance costs (864) (3,063)
Exercise of options and warrants 67 137
Proceeds from stock issuances 0 3,779
Proceeds from preferred stock issuances 11,283 9,159
Dividends paid on preferred stock (1,564) (156)
Net cash provided by financing activities—continuing operations 7,111 72,622
Net cash used in financing activities—discontinued operations (5,611) (6,154)
Net cash provided by financing activities 1,500 66,468
Net Change in Cash 3,437 8,753
Cash, Beginning 15,937 7,364
Cash decrease due to deconsolidation of variable interest entities 0 (180)
Cash, Ending 19,374 15,937
Cash paid during the year for:    
Interest 10,420 9,673
Income taxes 0 0
Supplemental Disclosure of Non-Cash Activities:    
Acquisitions in exchange for debt and equity instruments 0 11,056
Warrants issued for financing costs 9 756
Conversion of debt and accrued interest to equity 4,770 0
Warrants issued for settlement $ 80 $ 0