Income Taxes

3 Months Ended

Mar. 31, 2013

Income Taxes

Income Taxes

2. Income Taxes

The Company has not recorded any federal income tax expense or benefit for the three months ended March 31, 2013, mainly due to available federal net operating loss carryforwards.  The Company has recorded an income tax valuation allowance equal to the benefit of any deferred tax asset because of the uncertain nature of realization. The Company has recorded state income tax expense for certain of the jurisdictions in which it operates.