GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2012

GOODWILL AND INTANGIBLE ASSETS

Schedule of intangible assets

Intangible assets consist of the following at December 31, (in thousands except years):

	Estimated Average Life
	(years)	2012
Customer list	8.3	$	10,490
Trade name	0.1	1,590
Total Intangible assets		12,080
Less accumulated amortization:
Trade name		(1,047		)
Customer list		(828		)
Total accumulated amortization		(1,875		)
Intangible assets, net	8.4	$	10,205

Schedule of estimated amortization expense

(numbers in thousands)
2013	$	1,673
2014	1,166
2015	1,166
2016	1,166
2017	1,166
Thereafter	3,868
Total	$	10,205