XML 43 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 3 - Capital Lease Obligations
12 Months Ended
Dec. 31, 2013
Leases, Capital [Abstract]  
Capital Leases in Financial Statements of Lessee Disclosure [Text Block]

3. Capital Lease Obligations


As of December 31, 2013, the Company has three outstanding capital lease obligations with interest rates ranging from 4.5% to 7.0%. The related capital lease assets balances are detailed below (in thousands):


Start Date:

 

Original Cost

   

Accumulated Amortization

   

Net Book Value at December 31, 2013

 

June, 2011

  $ 140       121       19  

January, 2012

    253       168       85  
    $ 393     $ 289     $ 104  

Annual future minimum lease payments required under the leases, together with the present value as of December 31, 2013, are as follows (in thousands):


Year Ending
December 31,

 


Amount

 
         

2014

  $ 113  

Less amount representing interest

    (4 )

Present value of net minimum lease payments, included within accrued expenses and other current liabilities

    109