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OPERATING SEGMENTS
9 Months Ended
Sep. 30, 2012
OPERATING SEGMENTS  
OPERATING SEGMENTS
10. OPERATING SEGMENTS
 
The Company is organized into seven operating segments:  (1) Amincor,  (2) Other
Assets,  (3) Contract Admin,  (4) BPI, (5) EQS, (6) AWWT, and (7) Tyree.  Assets
related to  discontinued  operations  ("Disc.  Ops") are also  presented  below.
Segment information is as follows:
 
                                             September 30,          December 31,
                                                 2012                  2011
                                             ------------          ------------
TOTAL ASSETS:
  Amincor                                    $    116,225          $    536,061
  Other Assets                                  8,667,434             8,667,433
  Contract Admin                                       --                    --
  BPI                                          14,239,047            24,851,264
  EQS                                           1,235,371             1,298,597
  Tyree                                        25,282,018            26,169,574
  AWWT                                                998
  Disc. Ops                                       435,809               678,322
                                             ------------          ------------
Total assets                                 $ 49,976,902          $ 62,201,251
                                             ============          ============
 
                                             September 30,          December 31,
                                                 2012                  2011
                                             ------------          ------------
TOTAL GOODWILL:
  Amincor                                    $         --          $         --
  Other Assets                                         --                    --
  Contract Admin                                       --                    --
  BPI                                                  --             7,770,900
  EQS                                             535,988               535,988
  AWWT                                                 --                    --
  Tyree                                         7,575,500             7,575,500
                                             ------------          ------------
Total goodwill                               $  8,111,488          $ 15,882,388
                                             ============          ============
 
                                             September 30,          December 31,
                                                 2012                  2011
                                             ------------          ------------
TOTAL INTANGIBLE ASSETS:
  Amincor                                    $         --          $         --
  Other Assets                                         --                    --
  Contract Admin                                       --                    --
  BPI                                                  --             5,194,946
  EQS                                             135,000               135,000
  AWWT                                                 --                    --
  Tyree                                         3,582,685             4,412,512
                                             ------------          ------------
Total intangible assets                      $  3,717,685          $  9,742,458
                                             ============          ============
 
                                                   Three Months Ended September 30,     Nine Months Ended September 30,
                                                   --------------------------------     -------------------------------
                                                       2012              2011               2012              2011
                                                   ------------      ------------       ------------      ------------
NET REVENUES:
  Amincor                                          $         --      $         --       $         --      $         --
  Other Assets                                               --                --                 --                --
  Contract Admin                                             --                --                 --                --
  BPI                                                 3,977,989         3,968,096         12,349,973        11,228,743
  EQS                                                   165,408           260,839            620,950           778,501
  AWWT                                                      686                --              3,936                --
  Tyree                                              10,169,084        10,843,795         28,294,571        32,899,569
                                                   ------------      ------------       ------------      ------------
Net revenues                                       $ 14,313,167      $ 15,072,730       $ 41,269,430      $ 44,906,813
                                                   ============      ============       ============      ============
 
                                                   Three Months Ended September 30,     Nine Months Ended September 30,
                                                   --------------------------------     -------------------------------
                                                       2012              2011               2012              2011
                                                   ------------      ------------       ------------      ------------
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES:
  Amincor                                          $    548,241      $  1,228,372       $    440,204      $   (768,136)
  Other Assets                                           26,743          (244,433)           (29,656)          443,169
  Contract Admin                                             --                --               (592)              395
  BPI                                               (13,709,169)         (245,313)       (15,420,252)         (403,893)
  EQS                                                     5,913          (187,888)          (340,640)         (396,873)
  AWWT                                                   (8,991)               --             (9,323)               --
  Tyree                                                (848,984)       (1,278,140)        (3,185,952)       (2,598,366)
                                                   ------------      ------------       ------------      ------------
Income (loss) before Provision for Income Taxes    $(13,986,247)     $   (727,402)      $(18,546,211)     $ (3,723,704)
                                                   ============      ============       ============      ============
 
                                                   Three Months Ended September 30,     Nine Months Ended September 30,
                                                   --------------------------------     -------------------------------
                                                       2012              2011               2012              2011
                                                   ------------      ------------       ------------      ------------
DEPRECIATION OF PROPERTY AND EQUIPMENT:
  Amincor                                          $         --      $         --       $         --      $         --
  Other Assets                                               --           250,021                 --           750,063
  Contract Admin                                             --                --                 --                --
  BPI                                                   213,742             2,755            628,043             5,896
  EQS                                                    22,915            25,643             68,574            76,390
  AWWT                                                       --                --                 --                --
  Tyree                                                 139,056           215,502            419,083           691,200
                                                   ------------      ------------       ------------      ------------
Total depreciation of property and equipment       $    375,713      $    493,921       $  1,115,700      $  1,523,549
                                                   ============      ============       ============      ============
 
                                                   Three Months Ended September 30,     Nine Months Ended September 30,
                                                   --------------------------------     -------------------------------
                                                       2012              2011               2012              2011
                                                   ------------      ------------       ------------      ------------
AMORTIZATION OF INTANGIBLE ASSETS:
  Amincor                                          $         --      $         --       $         --      $         --
  Other Assets                                               --                --                 --                --
  Contract Admin                                             --                --                 --                --
  BPI                                                        --           191,225            382,450           573,675
  EQS                                                        --             8,100                 --            24,300
  AWWT                                                       --                --                 --
  Tyree                                                 276,609           276,609            829,827           829,827
                                                   ------------      ------------       ------------      ------------
Total amortization of intangible assets            $    276,609      $    475,934       $  1,212,277      $  1,427,802
                                                   ============      ============       ============      ============
 
                                                   Three Months Ended September 30,     Nine Months Ended September 30,
                                                   --------------------------------     -------------------------------
                                                       2012              2011               2012              2011
                                                   ------------      ------------       ------------      ------------
INTEREST (INCOME) EXPENSE:
  Amincor                                          $    (94,385)     $    (64,927)      $   (262,521)     $   (205,556)
  Other Assets                                           (7,068)               --            (20,941)
  Contract Admin                                             --                --
  BPI                                                   153,520            66,261            381,657           197,430
  EQS                                                    21,720            31,810             61,577            44,382
  AWWT                                                       59                --                 61
  Tyree                                                 142,740           155,493            373,811           451,021
                                                   ------------      ------------       ------------      ------------
Total interest expense, net                        $    216,586      $    188,637       $    533,644      $    487,277
                                                   ============      ============       ============      ============