Commitments and Contingencies

12 Months Ended

Dec. 31, 2012

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

14. Commitments and Contingencies

Operating Lease Commitments

The Company has entered into property and equipment leasing arrangements that expire at various times through April 2017, with optional renewal periods. Lease payments range from $1,000 to $27,000 per month and may require additional rent to cover a proportionate share of taxes, maintenance, insurance and other shared expenses. Rents are generally increased annually by fixed amounts, subject to certain maximum amounts defined within individual agreements. Rent expenses under these operating leases for the years ended December 31, 2012 and 2011 were approximately $808,000 and $386,000, respectively. Future minimum payments by year (excluding related party leases) required under lease obligations consist of the following for fiscal years ending December 31:

					Less
	Property		Equipment		Property			Net Lease
	Leases		Leases		Sublease			Total
2013	$	735,000	$	51,000	$	(23,600	)	$	762,400
2014		371,000		41,000		(23,600	)		388,400
2015		129,000		30,000		(23,600	)		135,400
2016		47,000		24,000		(11,800	)		59,200
2017		-		10,000		-			10,000
Thereafter		-		-		-			-
Total	$	1,282,000	$	156,000	$	(82,600	)	$	1,355,400

Employment Agreements

The Company has employment agreements with certain executives that set forth compensation levels and provide for severance payments in certain instances.

Litigation

The Company is not involved in any material legal proceedings.