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DEBT
3 Months Ended
Mar. 31, 2013
DEBT [Abstract]  
DEBT
Note 5 – Debt

Notes Payable

At March 31, 2013 and December 31, 2012, notes payable consist of approximately $19,000 and $32,000, respectively, of borrowings for the purchase of equipment.  These notes bear interest at rates ranging from 8.0% to 9.5% per year and mature through August 2013.  The notes are collateralized by the equipment purchased with net book values of approximately $21,000 and $34,000, at March 31, 2013 and December 31, 2012, respectively.
 
Capital Lease Obligations

The Company has equipment under four capital lease obligations expiring at various times through November 2014.  The assets and liabilities under capital leases are recorded at the lower of the present value of the minimum lease payments or the fair values of the assets.

The implied interest rates related to these capital leases range from 0.0% to 8.0%. The gross book value and the net book of the related assets are approximately $569,000 and $316,000, respectively, as of March 31, 2013, and $569,000 and $362,000, respectively, as of December 31, 2012.