XML 31 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes Income Taxes (Tables)
12 Months Ended
Dec. 31, 2013
Income Tax Disclosure [Abstract]  
Schedule of Deferred Tax Assets and Liabilities
At December 31, 2013 and 2012, the estimated deferred income tax assets and liability were comprised of the following:
 
(in thousands)
 
2013
 
2012
Deferred tax assets:
 
Net operating loss carry forwards
$
55,171

 
$
48,727

Other
10,962

 
8,158

 
66,133

 
56,885

Deferred tax liability:
 
 
 
Depreciation
(301
)
 
(311
)
Net deferred tax assets
65,832

 
56,574

Valuation allowance
(65,832
)
 
(56,574
)
Deferred tax assets, net
$

 
$

Schedule of Effective Income Tax Rate Reconciliation
The following is a reconciliation of the federal statutory tax rate to the Company’s effective tax rate:
 
Year ended
December 31,
 
2013
 
2012
Tax provision at federal statutory tax rate
35.0
 %
 
35.0
 %
State income taxes, net
(0.1
)%
 
(1.4
)%
Permanent items
(0.3
)%
 
(17.2
)%
Expiration of net operating loss carry forwards
 %
 
(141.1
)%
Change in valuation allowance
(34.7
)%
 
122.4
 %
Other taxes
 %
 
 %
Non-includable (income) expenses
 %
 
 %
Effective tax rate
(0.1
)%
 
(2.3
)%