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NOTE 14: SUBSEQUENT EVENTS	12 Months Ended
Dec. 31, 2011
Subsequent Events [Text Block]	NOTE 14: SUBSEQUENT EVENTS On March 2, 2012, we completed the acquisition of 800 shares of our common stock in a private purchase transaction. We paid $48 from cash on hand, to the seller in consideration for all of such seller’s shares of stock in Deep Down. The per share purchase price of $0.06 represented a per share amount 14 percent below the closing price of Deep Down’s common stock on that day. On February 8, 2012, we paid off the remaining balance of the subordinated debenture. See Note 6, “Long-Term Debt”, to the consolidated financial statements included in this Report for additional information.

NOTE 14: SUBSEQUENT EVENTS

12 Months Ended

Dec. 31, 2011

NOTE 14: SUBSEQUENT EVENTS

On March 2, 2012, we completed the acquisition of 800 shares of our common stock in a private purchase transaction. We paid $48 from cash on hand, to the seller in consideration for all of such seller’s shares of stock in Deep Down. The per share purchase price of $0.06 represented a per share amount 14 percent below the closing price of Deep Down’s common stock on that day.

On February 8, 2012, we paid off the remaining balance of the subordinated debenture. See Note 6, “Long-Term Debt”, to the consolidated financial statements included in this Report for additional information.