Property and Equipment (Tables)

9 Months Ended

Sep. 30, 2012

Property, Plant and Equipment [Table Text Block]


	(in thousands)
		September 30,	December 31,
		2012	2011

Land, buildings and improvements		$4,209	$ 4,209
Furniture, fixtures, and equipment		4,522	4,002
Leasehold improvements		85	85

Total property and equipment		8,816	8,296
Less: accumulated depreciation and amortization		(3,489)	(3,020)

Property and equipment, net		$5,327	$ 5,276

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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