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DEFERRED FINANCING COSTS
12 Months Ended
Dec. 31, 2012
DEFERRED FINANCING COSTS [Abstract]  
DEFERRED FINANCING COSTS

NOTE 6 - DEFERRED FINANCING COSTS

 

Deferred financing costs are as follows:

 

    December 31,
    2012   2011
         
Deferred financing costs   $ 650     $ 650  
Less: accumulated amortization     527       202  
Deferred financing costs, net   $ 123     $ 448  

 

Amortization expense is $325 and $202 for the years ended December 31, 2012 and 2011, respectively.