Note 5 - Accrued Expenses

12 Months Ended

Dec. 31, 2011

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

(5)       ACCRUED EXPENSES:

Accrued expenses consist of the following (in thousands):

	December 31,
	2011		2010
Operative commissions	$	4,240	$	3,001
Minimum cruise line commissions		6,023		4,636
Payroll and bonuses		11,516		9,500
Rent		2,954		1,134
Other		22,544		16,703
Total	$	47,277	$	34,974

Under most of our concession agreements with cruise lines and certain of our leases with land-based spas, we are required to make minimum annual payments, irrespective of the amounts of revenues received from operating those operations. These minimum annual payments (See Note 10) are expensed/accrued over the applicable 12-month period.