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Short Term Debt
12 Months Ended
Dec. 31, 2011
Short-term Debt [Abstract]  
Short-term Debt
Short-Term Debt
Short-term debt consists of secured and unsecured lines of credit and a short-term loan. As of December 31, 2011 and 2010, short-term debt totaled $9.0 million and $18.0 million, respectively. Customer accounts receivables of our subsidiary, Tecnonet, have been pledged as collateral on these borrowings. Short-term debt bears interest ranging from 1.5% to 4.0%, and the weighted average interest rates were approximately 2.0% as of each of December 31, 2011 and 2010, respectively. These obligations are incurred and settled in local currencies of the respective subsidiaries.