3. INVESTMENT IN JOINT VENTURE (Tables)

12 Months Ended

Dec. 31, 2013

Equity Method Investments and Joint Ventures [Abstract]

Investment in Joint Venture

The components of our Investment in joint venture are summarized below:

Investment in joint venture, December 31, 2011	$	1,163
Equity in net loss of CFT for the year ended December 31, 2012		(179	)
Investment in joint venture, December 31, 2012	$	984
Equity in net loss of CFT for the year ended December 31, 2013		(16	)
Cash distribution from CFT for the year ended December 31, 2013		(500	)
Investment in joint venture, December 31, 2013	$	468

Joint venture financial data

Below is unaudited selected statement of operations data of CFT for the years ended December 31, 2013 and 2012:

	Year Ended
	December 31,
	2013			2012
Revenues	$	–		$	2,744
Gross profit	$	–		$	518
Net loss	$	(80	)	$	(895	)

Below are unaudited condensed consolidated balance sheets of CFT as of December 31, 2013 and December 31, 2012:

	December 31, 2013		December 31, 2012
Current assets	$	863	$	5,749
Property, plant and equipment, net		1,527		1,675
Total assets	$	2,390	$	7,424
Current liabilities	$	51	$	2,500
Equity		2,339		4,924
Total liabilities and equity	$	2,390	$	7,424