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Income Taxes
 3 Months Ended
Mar. 31, 2014
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]
Income Taxes

The following table presents the provision for income taxes for both continuing and discontinued operations:
 
For the Three Months Ended March 31,
 
2014
 
2013
Income taxes - continuing operations
$
1,982

 
$
482

Income taxes - discontinued operations
—

 
872

Income taxes
$
1,982

 
$
1,354



The following table presents the provision for income taxes from continuing operations:
 
For the Three Months Ended March 31,
 
2014
 
2013
Current
$
2,245

 
$
(378
)
Deferred
(263
)
 
860

Income taxes - continuing operations
$
1,982

 
$
482



The following table presents a reconciliation of income taxes from continuing operations calculated at the federal statutory rate of 35% and the income tax expense attributable to continuing operations for the following periods:
 
For the Three Months Ended March 31,
 
2014
2013
 
Amount
 
Percent of Pre-tax Income
 
Amount
 
Percent of Pre-tax Income
Income taxes at federal income tax rate
$
2,009

 
35.00
 %
 
$
886

 
35.00
 %
Effect of:
 
 
 
 
 
 
 
Small life deduction
(107
)
 
(1.86
)
 
(109
)
 
(4.31
)
Non-deductible expenses
22

 
0.38

 
18

 
0.71

Tax exempt interest
(34
)
 
(0.59
)
 
(31
)
 
(1.22
)
State taxes
162

 
2.82

 
59

 
2.33

Non-controlling interest
(304
)
 
(5.30
)
 
(286
)
 
(11.30
)
Other, net
234

 
4.08

 
(55
)
 
(2.17
)
Income taxes - continuing operations
$
1,982

 
34.53
 %
 
$
482

 
19.04
 %


At March 31, 2014, the Company had a net operating loss carry forward of $0.6 million, which is subject to certain limitations under IRC Section 382 and will begin to expire in December 31, 2025. The Company expects to utilize the full amount of the net operating loss carryforward.

The Company has reviewed its uncertain tax positions and management has concluded that there are no additional amounts required to be recorded.

In 2012, the Company was under examination by the Internal Revenue Service ("IRS") for the 2010 and 2009 tax years. In February 2013, the IRS completed its field audit for those tax years and presented its findings.  The Company agreed to those findings and expensed $57.0 thousand in the first quarter of 2013.

The Company's income tax returns are subject to review and examination by federal and state taxing authorities. The Company is currently open to audit under the applicable statutes of limitations by the IRS for the tax years 2011 through 2013. The years open to examination by state taxing authorities vary by jurisdiction. There are no extensions of the statute of limitations to assess income taxes currently in effect.