11. INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2012

Income Taxes Tables

Provision for income taxes

	Year Ended
	December 31, 2012			December 31, 2011
Federal:
Current	$	15		$	–
Deferred		(520	)		–
Total	$	(505	)	$	–
State:
Current	$	37		$	(55	)
Deferred		520			–
Total	$	557		$	(55	)
Total income tax expense (benefit)	$	52		$	(55	)

Income tax rates

	Year Ended
	December 31, 2012			December 31, 2011
Income tax expense at federal statutory rate		34.00	%		34.00	%
State taxes, net of federal expense		(21.53	)%		4.41	%
Return to provision adjustments		24.30	%		44.42	%
Valuation allowance		(36.39	)%		(83.56	)%
Permanent differences		(2.57	)%		0.23	%
Other, net		0.00	%		(2.13	)%
Total effective rate		(2.19	)%		(2.63	)%

Deferred tax assets

	Year Ended
	December 31, 2012			December 31, 2011
Deferred tax assets:
Allowance for doubtful accounts	$	353		$	10
Net operating loss		4,249			5,801
Share-based compensation		990			523
Investment in joint venture		4,700			3,565
Other		122			36
Total deferred tax assets	$	10,414		$	9,935
Deferred tax liabilities:
Depreciation and amortization on property, plant and equipment	$	(2,360	)	$	(1,966	)
Amortization of intangibles		(41	)		(830	)
Total deferred tax liabilities	$	(2,401	)	$	(2,796	)
Less: valuation allowance		(8,013	)		(7,139	)
Net deferred tax position	$	–		$	–