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Deferred Grants
9 Months Ended
Sep. 30, 2012
Deferred Grants

Note 11. Deferred Grants

The components of deferred grants consist of the following (in thousands):

 

     September 30, 2012     December 31, 2011  

Property grants

   $ 7,505      $ 8,210   

Employment grants

     1,119        1,123   
  

 

 

   

 

 

 

Total deferred grants

     8,624        9,333   

Less: Property grants—short-term (1)

     —          —     

Less: Employment grants—short-term (1)

     (765     (770
  

 

 

   

 

 

 

Total long-term deferred grants (2) 

   $ 7,859      $ 8,563   
  

 

 

   

 

 

 

 

(1) 

Included in “Other accrued expenses and current liabilities” in the accompanying Condensed Consolidated Balance Sheets.

 

(2) 

Included in “Deferred grants” in the accompanying Condensed Consolidated Balance Sheets.

Amortization of the Company’s property grants included as a reduction to “General and administrative” costs and amortization of the Company’s employment grants included as a reduction to “Direct salaries and related costs” in the accompanying Condensed Consolidated Statements of Operations consist of the following (in thousands):

 

     Three Months Ended September 30,      Nine Months Ended September 30,  
     2012      2011      2012      2011  

Amortization of property grants

   $ 235       $ 235       $ 705       $ 723   

Amortization of employment grants

     17         18         89         53   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 252       $ 253       $ 794       $ 776