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NOTES PAYABLE
12 Months Ended
Dec. 31, 2011
NOTES PAYABLE  
NOTES PAYABLE

NOTE E – NOTES PAYABLE

 

Notes Payable is comprised of the following (in thousands):

 

 

 

2011

 

 

2010

 

 

 

 

 

 

 

 

 

Notes payable from the acquisition of Mountaineer State Energy, Inc.

 

 1388

 

 

1,308

 

Bank Debt

 

$

861

 

 

 

 

 

 

 

$

2,249

 

 

$

1,308

 

 

Aggregate annual principal maturities of long-term debt at December 31, 2011 are as follows (in thousands):

 

2012

 

$

47

 

2013

 

 

337

 

2014

 

 

367

 

2015

 

 

1,034

 

2016

 

 

49

 

Thereafter

 

 

415

 

 

 

 

 

 

 

 

$

2,549