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SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2012
Amounts Related to Transportation and Terminaling Business

The following are amounts related to the transportation and terminaling business included in the accompanying consolidated financial statements for the three months ended June 30, 2011 and 2012 and at December 31, 2011 and June 30, 2012:

 

    Three Months
Ended
June 30, 2011
    Three Months
Ended
June 30, 2012
 
             
Revenue from external customers   $ 1,714,000     $ 1,309,000  
Interest expense   $ 125,000     $ 139,000  
Depreciation and amortization   $ 165,000     $ 147,000  
Income tax (expense) benefit   $ 121,000     $ -  
Net income (loss)   $ 147,000     $ (187,000 )

 

    December 31, 2011     June 30, 2012  
                 
Total assets   $ 9,498,000     $ 8,610,000