INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2013

Income Tax Disclosure [Abstract]

Components of income tax [Table Text Block]

The Company’s Federal and state income tax expense (benefit) from continuing operations for the three months and six months ended June 30, 2013 and 2012 is summarized in the following table (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Current
Federal	$	—		$	(120	)	$	(519	)	$	(149	)
State	(69		)	184			52			11
Total Current	(69		)	64			(467		)	(138		)
Deferred
Federal	494			262			892			—
State	73			38			131			—
Total deferred	567			300			1,023			—
Total income tax expense (benefit)	$	498		$	364		$	556		$	(138	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

y’s reconciliation of the statutory rate from continuing operations to the effective income tax rate for the three months and six months ended June 30, 2013 and 2012 is summarized as follows (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Tax benefit at statutory rate	$	(2,737	)	$	(1,375	)	$	(5,331	)	$	(2,258	)
State tax benefit, net of Federal taxes	(180		)	(223		)	(227		)	(364		)
Change in tax contingencies	7			5			(506		)	11
Valuation allowance changes affecting income tax expense	3,070			2,353			5,888			2,949
Transaction related costs	28			—			264			—
Officers compensation and other	310			(396		)	468			(476		)
Income tax expense (benefit)	$	498		$	364		$	556		$	(138	)