Note 10 - Related Party Transactions

12 Months Ended

Dec. 31, 2012

Related Party Transactions Disclosure [Text Block]

10.    RELATED PARTY TRANSACTIONS

Persons now or formerly associated with American Bailey Corporation (ABC) currently own approximately 30% of Fuel Tech’s Common Shares.  On January 1, 2004, Fuel Tech entered into an agreement whereby ABC reimburses Fuel Tech for services that certain employees of Fuel Tech provide to ABC.  In addition, ABC is a sub-lessee under Fuel Tech’s February 1, 2010 lease of its offices in Stamford, Connecticut, which runs through December 31, 2019.  ABC reimburses Fuel Tech for its share of lease and lease-related expenses under the sublease agreement.  The Stamford facility houses certain administrative functions including Investor Relations. The amounts earned from ABC related to both compensation and the subleases for the years ended December 31, 2012, 2011, and 2010, were $149, $153, and $86, respectively. The amount due from ABC related to both compensation and the sublease agreement was $16, $27, and $217 at December 31, 2012, 2011, and 2010, respectively.