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Lease Agreement
12 Months Ended
Dec. 31, 2011
Lease Agreement [Abstract]  
Lease Agreement

NOTE L – LEASE AGREEMENT

Effective March 1, 2007, the Company entered into an agreement to lease to a third party a portion of its corporate headquarters under the terms of a non-cancelable operating lease. The lease calls for an initial term of five (5) years with a tenant option to renew for one extension period of five years. The lease agreement provides for escalating rental payments over its term. Under the agreement, the tenant pays an allocated share of the increase over the base year of certain costs, including utilities, maintenance costs and property taxes. The lease will expire in March 2012. During 2012, the Company expects to receive future minimum lease payments of approximately $97,000.

Rental income, which is included in other income in the statements of operations, was approximately $361,000 for each of the years ended December 31, 2011, 2010 and 2009.