Schedule II. - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2012

Schedule II. - VALUATION AND QUALIFYING ACCOUNTS

Schedule II. - VALUATION AND QUALIFYING ACCOUNTS

Schedule II. - VALUATION AND QUALIFYING ACCOUNTS

Year ended December 31,	Balance at beginning of year		Charged to costs and expenses			Deductions (F1)			Other		Balance at end of year
2010
Allowance for doubtful accounts	$	2,411,283	$	740,387		$	(700,955	)	$	—	$	2,450,715
2011
Allowance for doubtful accounts	$	2,450,715	$	84,798		$	(1,222,668	)	$	—	$	1,312,845
2012
Allowance for doubtful accounts	$	1,312,845	$	(7,924	)	$	(576,199	)	$	—	$	728,722

(F1) The Company reviews receivables monthly and, accordingly, adjusts the allowance for doubtful accounts monthly.  The Company records write-offs annually.  The amount charged to Costs and Expenses reflects the bad debt expense recorded in the consolidated statements of income, while the amount recorded for Deductions reflects the adjustment to actual allowance for doubtful accounts reserve at the end of the period.