ASSET IMPAIRMENTS

6 Months Ended

Jun. 30, 2011

Asset Impairment Charges [Text Block]

14. ASSET IMPAIRMENTS

          During the three months ended June 30, 2010, the Company determined it necessary to record an impairment charge approximating $0.6 million, writing the value of its investment in Debtfolio, Inc. to zero. This was deemed necessary by management based upon their consideration of Debtfolio, Inc.’s continued negative cash flow from operations, current financial position and lack of current liquidity.