4. Trade Receivables net

3 Months Ended

Mar. 31, 2013

Trade Receivables Net

4. Trade Receivables net

 (4)          Trade Receivables, net

Our trade receivables balance primarily consists of the residual Extended Payment Term Agreements (EPTAs) sold through our workshop seminars that we discontinued in July 2011.  Below is an analysis of the days outstanding of our trade receivables as shown on our balance sheet (in thousands):

	March 31,			December 31,
	2013			2012
Non-EPTA trade receivables	$	444		$	432
Conforming EPTAs		2,316			3,945
Non-Conforming EPTAs:
1 - 30 days		237			341
31 - 60 days		145			163
61 - 90 days		82			79
Gross trade receivables		3,224			4,960
Less allowance for doubtful accounts		(1,028	)		(1,522	)
Trade receivables, net	$	2,196		$	3,438
Current trade receivables, net	$	1,937		$	3,043
Long-term trade receivables, net		259			395
Trade receivables, net	$	2,196		$	3,438

All current and long-term EPTAs in the table above had original contract terms of greater than one year.  The Company wrote off $500,000 of EPTAs during the three months ended March 31, 2013 and $3,939,000 of EPTAs during the year ended December 31, 2012, of which, all had original contract terms of greater than one year.