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Short-Term Debt
12 Months Ended
Dec. 31, 2012
Debt Disclosure [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, 2012 and 2011, short-term debt totaled $5.3 million and $9.0 million, respectively. Customer accounts receivables of our subsidiary, Tecnonet, have been pledged as collateral on these borrowings. Short-term debt bears interest ranging from 1.9% to 2.9%, and the weighted average interest rates were approximately 2.7% as of each of December 31, 2012 and 2011, respectively. These obligations are incurred and settled in local currencies of the respective subsidiaries.