Advances and Other Assets

12 Months Ended

Dec. 31, 2011

Advances and Other Assets

Note 2 - Advances and Other Assets

Advances and other assets consists of the following:

	December 31,
	2011		2010
Signing bonuses to independent sales agents, amortized on a straight-line basis over the life of the underlying contracts from three to five years	$	1,914,000	$	770,000
Non-interest bearing advances to independent sales agents repayable at the end of the underlying contracts at various dates through 2015		425,000		1,119,000
Loans to independent sales agents bearing interest at prime, prime plus 1%, 8% and 20%, repayable at various dates through 2015. See Note 4.		2,031,000		10,728,000
Sales-type leases with original terms of 48 months, through 2015, net of unearned income of $290,000 at December 31, 2011.		672,000
Due from independent sales agents and employees consisting of non-interest bearing loans, agent chargebacks, and advanced commissions expected to be earned / repaid through 2015		1,098,000		2,305,000
		6,140,000		14,922,000
Less: current portion		1,589,000		2,117,000
	$	4,551,000	$	12,805,000

Advances and other assets are expected to be earned / repaid as follows:

2012	$	1,589,000
2013		1,009,000
2014		1,024,000
2015		631,000
2016 and beyond		1,887,000
	$	6,140,000