INCOME TAXES

3 Months Ended

Mar. 31, 2012

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

INCOME TAXES

The Company’s Federal and state income tax benefit from continuing operations is summarized in the following table (in thousands):

	Three Months Ended March 31,
	2012			2011
Current
Federal	$	(29	)	$	(245	)
State	(173		)	(122		)
Total Current	(202		)	(367		)
Deferred
Federal	(262		)	(44		)
State	(38		)	(6		)
Total deferred	(300		)	(50		)
Total income tax benefit	$	(502	)	$	(417	)

The Company’s reconciliation of the statutory rate from continuing operations to the effective income tax rate is as follows for the three months ended March 31, 2012 and 2011 (in thousands):

	Three Months Ended March 31,
	2012			2011
Tax benefit at statutory rate	$	(884	)	$	(501	)
State tax benefit, net of Federal taxes	(103		)	(73		)
Change in tax contingencies	6			5
Valuation allowance changes affecting income tax expense	430			93
Other	49			59
Income tax benefit	$	(502	)	$	(417	)