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Note 5 - Capital Lease Obligations
9 Months Ended
Sep. 30, 2011
Capital Leases in Financial Statements of Lessee Disclosure [Text Block]
5. 
Capital Lease Obligations

The Company has three outstanding capital lease obligations (in thousands):

Start Date:
 
Original Cost
   
Accumulated Depreciation
   
Net Book Value as of September 30, 2011
 
July 2010
  $ 215     $ 84     $ 131  
November 2010
    48       15       33  
June 2011
    140       11       129  
    $ 403     $ 110     $ 293  

Annual future minimum lease payments required under the lease, together with the present value as of September 30, 2011, are as follows (in thousands):

Year Ending
December 31,
 
Amount
 
2011
  $ 38  
2012
    154  
2013
    110  
2014
    23  
      325  
Less amount representing interest
    32  
Present value of net minimum lease payments included with other liabilities
  $ 293