CAPITAL LEASE OBLIGATIONS

12 Months Ended

Dec. 31, 2011

Notes To Financial Statements [Abstract]

Capital Lease Obligations

NOTE 6: CAPITAL LEASE OBLIGATIONS

As of December 31, 2011 and 2010, the net book value of leased assets was $1.7 million and $2.3 million, respectively for leased equipment, purchased licenses, and corporate insurance. The future minimum lease payments (in thousands) are as follows:

2012	$	998
2013		593
2014		533
2015		334
2016		129
Total future minimum lease payments		2,587
Less: Amounts representing interest (effective interest rate 9.52%)		(377	)
Present value of minimum lease payments		2,210
Current portion of capital lease obligations		(852	)
Long-term portion of capital lease obligations	$	1,358