2.4.0.8138 - Disclosure - INCOME TAXES (Tables)truefalsefalse1false
falsefalseP01_01_2013To06_30_2013http://www.sec.gov/CIK0001166708duration2013-01-01T00:00:002013-06-30T00:00:001true
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2us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel| 1falsefalsefalse00 <table border="0" style="clear:both;width:100%; table-layout:fixed;"> <tr> <td></td> </tr> </table> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.25in; FONT: 10pt Times New Roman, Times, Serif"> The components of the provision for income tax expense are as follows for the three months ended:</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"> <table style="clear:both;WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: center; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: center; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT-SIZE: 10pt" colspan="2"> <div>June 30, 2013</div> </td> <td style="TEXT-ALIGN: center; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: center; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT-SIZE: 10pt" colspan="2"> <div>June 30, 2012</div> </td> <td style="TEXT-ALIGN: center; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Current taxes</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: justify; FONT-SIZE: 10pt" colspan="2"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: justify; FONT-SIZE: 10pt" colspan="2"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     Federal</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div>$</div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div>$</div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     State</div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Current taxes</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 0px; WIDTH: 74%; FONT-SIZE: 10pt"> <div>Change in deferred taxes</div> </td> <td style="WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; WIDTH: 10%; FONT-SIZE: 10pt"> <div>(29,725</div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div>)</div> </td> <td style="WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; WIDTH: 10%; FONT-SIZE: 10pt"> <div>(79,717</div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div>)</div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Change in valuation allowance</div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>29,269</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>80,097</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Provision for income tax expense</div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div>$</div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>(456</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div>)</div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div>$</div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>380</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> </table> </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.25in; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.25in; FONT: 10pt Times New Roman, Times, Serif"> The components of the provision for income tax expense are as follows for the six months ended:</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"> <table style="clear:both;WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: center; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: center; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT-SIZE: 10pt" colspan="2"> <div>June 30, 2013</div> </td> <td style="TEXT-ALIGN: center; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: center; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT-SIZE: 10pt" colspan="2"> <div>June 30, 2012</div> </td> <td style="TEXT-ALIGN: center; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Current taxes</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: justify; FONT-SIZE: 10pt" colspan="2"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: justify; FONT-SIZE: 10pt" colspan="2"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     Federal</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div>$</div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div>$</div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     State</div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Current taxes</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 0px; WIDTH: 74%; FONT-SIZE: 10pt"> <div>Change in deferred taxes</div> </td> <td style="WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; WIDTH: 10%; FONT-SIZE: 10pt"> <div>(35,292</div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div>)</div> </td> <td style="WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; WIDTH: 10%; FONT-SIZE: 10pt"> <div>(173,415</div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div>)</div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Change in valuation allowance</div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>38,619</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>186,911</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Provision for income tax expense</div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div>$</div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>3,327</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div>$</div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>13,496</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> </table> </div> </div> falsefalsefalse | nonnum:textBlockItemTypenaTabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319
false0
3false
2us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel| 1falsefalsefalse00 <table border="0" style="clear:both;width:100%; table-layout:fixed;"> <tr> <td></td> </tr> </table> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.25in; FONT: 10pt Times New Roman, Times, Serif"> The following is a summary of the significant components of the Company’s deferred tax assets and liabilities at June 30, 2013:</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.25in; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <table style="clear:both;WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Deferred tax assets:</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt" colspan="2"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; WIDTH: 87%; FONT-SIZE: 10pt"> <div>     Equity based compensation</div> </td> <td style="WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div>$</div> </td> <td style="TEXT-ALIGN: right; WIDTH: 10%; FONT-SIZE: 10pt"> <div>181,617</div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     Allowance for doubtful accounts</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>13,260</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     Depreciation and amortization timing differences</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     Net operating loss carryforward</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>1,160,376</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     On-line training certificate reserve</div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>1,048</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Total deferred tax assets</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>1,356,301</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Valuation allowance</div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>(1,349,543</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div>)</div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Deferred tax assets net of valuation allowance</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>6,758</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Less deferred tax assets – non-current, net of valuation allowance</div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>6,496</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Deferred tax assets – current, net of valuation allowance</div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div>$</div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>262</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> </table> </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"><font size="2">The following is a summary of the significant components of the Company’s deferred tax assets and liabilities at December 31, 2012:</font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.25in; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"> <table style="clear:both;WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Deferred tax assets:</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt" colspan="2"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; WIDTH: 87%; FONT-SIZE: 10pt"> <div>     Equity based compensation</div> </td> <td style="WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div>$</div> </td> <td style="TEXT-ALIGN: right; WIDTH: 10%; FONT-SIZE: 10pt"> <div>236,145</div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     Allowance for doubtful accounts</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>12,240</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     Depreciation and amortization timing differences</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     Net operating loss carryforward</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>1,071,409</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     On-line training certificate reserve</div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>1,215</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Total deferred tax assets</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>1,321,009</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Valuation allowance</div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>(1,310,924</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div>)</div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Deferred tax assets net of valuation allowance</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>10,085</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Less deferred tax assets – non-current, net of valuation allowance</div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>9,781</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Deferred tax assets – current, net of valuation allowance</div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div>$</div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>304</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> </table> </div> </div> falsefalsefalse | nonnum:textBlockItemTypenaTabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319
false0
4false
2us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel| 1falsefalsefalse00 <table border="0" style="clear:both;width:100%; table-layout:fixed;"> <tr> <td></td> </tr> </table> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.25in; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.25in; FONT: 10pt Times New Roman, Times, Serif" align="left">The significant differences between the statutory tax rate and the effective tax rates for the Company for the three months ended are as follows:</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.25in; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"> <table style="clear:both;WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt" colspan="2"> <div>June 30, 2013</div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt" colspan="2"> <div>June 30, 2012</div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Statutory tax rate</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>-- %</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>-- %</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Increase (decrease) in rates resulting from:</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; WIDTH: 74%; FONT-SIZE: 10pt"> <div>Net operating loss carryforward or carryback</div> </td> <td style="WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; WIDTH: 10%; FONT-SIZE: 10pt"> <div>(12</div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div>)%</div> </td> <td style="WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; WIDTH: 10%; FONT-SIZE: 10pt"> <div>(23</div> </td> <td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-SIZE: 10pt"> <div>)%</div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     Equity based compensation and loss</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>7</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div>%</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--%</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     Book/tax depreciation and amortization differences</div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>-- %</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>--%</div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     Change in valuation allowance</div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>5</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div>%</div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>25</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div>%</div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,255,204); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>     Other</div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>  -- %</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>          --%</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt; FONT-SIZE: 10pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: justify; PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 0px; FONT-SIZE: 10pt"> <div>Effective tax rate</div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>         -- %</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT-SIZE: 10pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT-SIZE: 10pt"> <div>2</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; FONT-SIZE: 10pt"> <div>%</div> </td> </tr> </table> </div> </div> falsefalsefalse | nonnum:textBlockItemTypenaTabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319
false0
falseINCOME TAXES (Tables)UnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.browniesmarinegroup.com/role/IncomeTaxesTables14