DEBT (Tables)

12 Months Ended

Dec. 31, 2012

DEBT

Summary of long-term debt

	At December 31,
	2012			2011
Long-term debt of the Company consists of:
Crownpoint property	$	450,000		$	450,000
Capital leases	129,722			119,232
	579,722			569,232
Less—Current portion	(112,140		)	(65,161		)
Total long-term debt	$	467,582		$	504,071

Schedule of maturities of long-term debt and capital leases

For the Twelve Months Ended:	Long-Term Debt		Capital Leases
December 31, 2013	$	—	$	119,145
December 31, 2014	—		24,153
December 31, 2015	—		4,579
December 31, 2016	—		—
December 31, 2017 and beyond	450,000		—
Totals	$	450,000	$	147,877
Less amounts representing imputed interest			(18,155		)
Present value of future payments			$	129,722