Property and Equipment

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment, Net [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

PROPERTY AND EQUIPMENT

Major categories of property and equipment are summarized as follows (dollars in thousands):



	Year ended December 31,
	2011		2010
Building and improvements	$	3,185	$	3,185
Electronic data processing equipment	1,802		2,315
Furniture and fixtures	925		1,047
	5,912		6,547
Less accumulated depreciation	3,384		4,110
	$	2,528	$	2,437

Depreciation expense for the year ended December 31, 2011 was $382,000 ($394,000 for the year ended December 31, 2010).

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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