Redeemable Preferred Stock

6 Months Ended

Jun. 30, 2011

Preferred Stock Redeemable [Abstract]

Preferred Stock [Text Block]

Redeemable Preferred Stock

Redeemable preferred stock securities consist of the following as of:	June 30, 2011		December 31, 2010
Series A - matures 2034	$	150	$	7,140
Series B - matures 2034	100		2,000
Series C - matures 2035	100		1,900
Total redeemable preferred stock	$	350	$	11,040

In December 2010, the Company served notice to the holders of Series A, B and C redeemable preferred stock of the intent to redeem the entire amount of each class of redeemable preferred stock, totaling $11.0 million. The early redemption of all outstanding A, B and C redeemable preferred stock began in January 2011. In conjunction with the redemption, the Company recorded a total of $0.6 million redemption premium and previously capitalized deferred issuance costs were charged to operations for the six months ended June 30, 2011. The Series A, B and C redeemable preferred stock ceased accruing dividends on the mandatory redemption date of January 26, 2011.