FINANCING ARRANGEMENTS	3 Months Ended
FINANCING ARRANGEMENTS	Mar. 31, 2014
FINANCING ARRANGEMENTS
FINANCING ARRANGEMENTS	NOTE 3. FINANCING ARRANGEMENTS We have a credit agreement with Wells Fargo Bank (WFB) which was most recently amended on December 31, 2012 and provides for a line of credit arrangement of $13.5 million that expires, if not renewed, on May 31, 2015. The credit arrangement also has a $1.8 million real estate term note outstanding with a maturity date of March 31, 2027, an additional $1.7 million real estate term note outstanding that is due, if not renewed, on May 15, 2015, and a term loan facility of up to $2.0 million for capital expenditures with a maturity date of December 31, 2017. As of March 31, 2014, we have borrowed $1.6 million of the $2.0 million capital term note. Under the credit agreement, both the line of credit and real estate term notes are subject to variations in the LIBOR rate. Our line of credit bears interest at three-month LIBOR + 2.75% (approximately 3.0% at March 31, 2014) while our real estate term notes bear interest at three-month LIBOR + 3.25% (approximately 3.50% at March 31, 2014). The weighted-average interest rate on our line of credit was 3.0% and 3.1% for the three months ended March 31, 2014 and 2013, respectively, while the weighted-average rate on our real estate term notes was 3.4% for the both periods. We had borrowings on our line of credit of $7,625,468 and $7,234,983 outstanding as of March 31, 2014 and December 31, 2013, respectively. The credit agreement contains certain covenants which, among other things, require us to adhere to regular reporting requirements, abide by annual shareholder dividend limitations, maintain certain financial performance, and limit the amount of annual capital expenditures. The availability under the line is subject to borrowing base requirements, and advances are at the discretion of the lender. At March 31, 2014, we have net unused availability under our line of credit of approximately $5.9 million. The line is secured by substantially all of our assets.

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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