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Note 5 - Capital Lease Obligations
3 Months Ended
Mar. 31, 2014
Leases, Capital [Abstract]  
Capital Leases in Financial Statements of Lessee Disclosure [Text Block]

5.

Capital Lease Obligations


As of March 31, 2014, the Company has three outstanding capital lease obligations with interest rates ranging from 4.5% to 7.0%. The related capital lease assets balances are detailed below (in thousands):


Start Date:

 

Original Cost

   

Accumulated Amortization

   

Net Book Value at March 31, 2014

 

June, 2011

  $ 140     $ 133     $ 7  

January, 2012

    253       189       64  
    $ 393     $ 322     $ 71  

Annual future minimum lease payments required under the leases, together with the present value as of March 31, 2014, are as follows (in thousands):


Year Ending
December 31,

 


Amount

 
         

2014

  $ 77  

Less amount representing interest

    (2 )

Present value of net minimum lease payments, included within accrued expenses and other current liabilities

  $ 75