ALLOWANCE FOR ESTIMATED LOSSES

12 Months Ended

Dec. 31, 2012

ALLOWANCE FOR ESTIMATED LOSSES [Abstract]

ALLOWANCE FOR ESTIMATED LOSSES

NOTE 4.     ALLOWANCE FOR ESTIMATED LOSSES

The allowance account was reviewed and additional allowances were recorded for receivables in 2012.  The increase was related to a reserve taken on a related party note receivable due to questionable recovery, reduced by the amounts of two notes that were written off in the current year, both of which were fully reserved.  The decrease in 2011 was due to loan payments that had allowances.  The allowance account was reviewed and increased in 2010.  The table below shows our allowance for estimated losses (dollars in thousands):

	2012		2011			2010
Balance January 1,	$	13,383	$	14,348		$	11,836
(Decrease) Increase in provision		8,321		(965	)		2,512
Balance December 31,	$	21,704	$	13,383		$	14,348