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NOTES PAYABLE (Details Narrative) (USD $)
3 Months Ended
Mar. 31, 2013
Line of Credit
 
Line of credit, balance $ 4,500,000
Line of credit, maximum borrowing capacity 10,000,000
Variable rate, decription LIBOR rate
Variable rate, basis spread 2.75%
Term Loan
 
Restrictive covenants The loan contains certain restrictive covenants including a Fixed Charge Coverage Ratio, as defined in the agreement, of at least 1.25 to 1.00, and a Senior Funded Debt to EBITDA Ratio, as defined in the agreement, not to exceed 2.00 to 1.00. A tangible net worth requirement was included in the credit agreement in error. This requirement was waived and the credit agreement was amended in January 2013.
Note payable 8,500,000
Note payable, monthly principal payments $ 141,667
Variable rate, decription LIBOR rate
Variable rate, basis spread 2.75%