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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2012
Tables/Schedules (Detail level 3):  
Schedule of Components of Income Tax Expense (Benefit)

 

 

 

Nine months ended September 30, 2012

 

Nine months ended September 30, 2011

Current

 

 

 

 

Federal

$

0

$

0

State

$

0

$

0

 

$

0

$

0

Deferred

$

0

$

0

 

$

0

$

0

Schedule of Effective Income Tax Rate Reconciliation

 

 

Nine months ended September 30, 2012

 

Nine months ended September 30, 2011

Income tax computed at Federal statutory tax rate of 34%

$

(8,208)

$

(2,081)

State taxes (net of federal benefit) of 3.3% for 2012 and 2011

 

(797)

 

(202)

Deferred taxes and other

 

9,005 

 

2,283 

 

$

0

$

0