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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2013
Tables/Schedules  
Schedule of Components of Income Tax Expense (Benefit)

 

 

 

 

 

Nine Months Ended September 30, 2013

 

Nine Months Ended September 30, 2012

 

$

 

$

 

Current

$

 

$

 

Federal

$

 

$

 

State

$

 

$

 

 

$

 

$

 

Deferred

$

 

$

 

Schedule of Effective Income Tax Rate Reconciliation

 

 

Nine Months Ended September 30, 2013

 

Nine Months Ended September 30, 2012

Income tax computed at

 

 

 

 

Income tax computed at Federal statutory tax rate of 34%

$

(4,938)

$

(8,208)

State taxes (net of federal benefit) of 3.3% for 2013 and 2012

 

(479)

 

(797)

Deferred taxes and other

 

5,417 

 

9,005 

 

$

-

$

-