Note 9 - Subsidiary Guarantees (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Condensed Balance Sheet [Table Text Block]

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current assets
Cash and cash equivalents	$	-		$	12,393,441		$	351		$	-		$	12,393,792
Accounts receivable, net		-			11,445,049			543,122			-			11,988,171
Materials and supplies		-			827,194			953,626			-			1,780,820
Prepaid expenses		194,244			1,115,339			18,892			-			1,328,475
Income tax receivables		-			-			-			-			-
Deferred income taxes		726,310			-			-			-			726,310
Investment in subsidiaries		147,614,140			-			-			(147,614,140	)		-
Intercompany receivable		(154,849,721	)		(688,391	)		688,391			154,849,721			-
Total current assets		(6,315,027	)		25,092,632			2,204,382			7,235,581			28,217,568
Property and equipment, net		-			64,524,981			1,356,994			-			65,881,975
Goodwill		239,970,317			(47,435,761	)		(3,579,716	)		-			188,954,840
Intangible assets, net		-			18,186,227			2,359,464			-			20,545,691
Investments		1,203,605			432,186			308,014			-			1,943,805
Deferred income taxes		7,454,443			-			-			-			7,454,443
Other long-term assets		4,485,324			240,667			-			-			4,725,991
Total assets	$	246,798,662		$	61,040,932		$	2,649,138		$	7,235,581		$	317,724,313
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current liabilities
Accounts payable and accrued expenses	$	1,306,872		$	4,793,854		$	1,424,095		$	-		$	7,524,821
Intercompany payables		-			(154,849,721	)		-			154,849,721			-
Other current liabilities		353,285			1,668,933			65,413			-			2,087,631
Total current liabilities		1,660,157			(148,386,934	)		1,489,508			154,849,721			9,612,452
Deferred income taxes		26,421,911			20,354,646			1,335,827			-			48,112,384
Other liabilities		241,438			1,019,407			-			-			1,260,845
Long-term notes payable		230,842,911			40,263,476			-			-			271,106,387
Stockholders' equity (deficit)		(12,367,755	)		147,790,337			(176,197	)		(147,614,140	)		(12,367,755	)
Total liabilities and stockholders' equity (deficit)	$	246,798,662		$	61,040,932		$	2,649,138		$	7,235,581		$	317,724,313

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current assets
Cash and cash equivalents	$	-		$	27,184,339		$	350		$	-		$	27,184,689
Accounts receivable, net		-			11,136,321			623,214			-			11,759,535
Materials and supplies		-			984,276			1,015,424			-			1,999,700
Prepaid expenses		367,498			1,142,761			(5,097	)		-			1,505,162
Income tax receivables		-			-			-			-			-
Deferred income taxes		816,933			-			-			-			816,933
Investment in subsidiaries		35,408,275			-			-			(35,408,275	)		-
Intercompany receivable		(185,695,157	)		(12,222,753	)		12,222,753			185,695,157			-
Total current assets		(149,102,451	)		28,224,944			13,856,644			150,286,882			43,266,019
Property and equipment, net					56,591,235			1,333,905			-			57,925,140
Goodwill		239,970,317			(121,910,761	)		(73,102,716	)		-			44,956,840
Intangible assets, net		-			7,156,627			1,122,282			-			8,278,909
Investments		1,203,605			413,053			308,014			-			1,924,672
Deferred income taxes		7,575,073			-			-			-			7,575,073
Other long-term assets		4,058,049			505,358			-			-			4,563,407
Total assets	$	103,704,593		$	(29,019,544	)	$	(56,481,871	)	$	150,286,882		$	168,490,060
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current liabilities
Accounts payable and accrued expenses	$	4,849,514		$	6,350,555		$	1,359,490		$	-		$	12,559,559
Intercompany payables		-			(185,695,157	)		-			185,695,157			-
Other current liabilities		387,720			1,608,956			77,028			-			2,073,704
Total current liabilities		5,237,234			(177,735,646	)		1,436,518			185,695,157			14,633,263
Deferred income taxes		9,284,544			13,524,731			370,378			-			23,179,653
Other liabilities		-			1,230,853			-			-			1,230,853
Long-term notes payable		230,756,913			40,263,476			-			-			271,020,389
Stockholders' equity (deficit)		(141,574,098	)		93,697,042			(58,288,767	)		(35,408,275	)		(141,574,098	)
Total liabilities and stockholders' equity (deficit)	$	103,704,593		$	(29,019,544	)	$	(56,481,871	)	$	150,286,882		$	168,490,060

Schedule of Condensed Income Statement [Table Text Block]

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	789,508		$	24,680,968		$	2,555,301		$	(2,723,030	)	$	25,302,747
Operating expenses		(789,507	)		(19,228,795	)		(1,883,323	)		2,723,032			(19,178,593	)
Income from operations		1			5,452,173			671,978			2			6,124,154
Other expense		(5,471,374	)		(90,130	)		(3	)		-			(5,561,507	)
Earnings from subsidiaries		6,034,020			-			-			(6,034,020	)		-
Income before income tax		562,647			5,362,043			671,975			(6,034,018	)		562,647
Income tax expense		322,815			-			-			-			322,815
Net income to common stockholders	$	885,462		$	5,362,043		$	671,975		$	(6,034,018	)	$	885,462

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	841,514		$	22,547,158		$	1,039,224		$	-		$	24,427,896
Operating expenses		(1,431,456	)		(15,763,985	)		(745,081	)		-			(17,940,522	)
Income (loss) from operations		(589,942	)		6,783,173			294,143			-			6,487,374
Other expense		(5,661,522	)		(11,103	)		(7	)		-			(5,672,632	)
Earnings from subsidiaries		5,576,462			-			-			(5,576,462	)		-
Income (loss) before income tax		(675,002	)		6,772,070			294,136			(5,576,462	)		814,742
Income tax benefit (expense)		991,308			(883,860	)		(605,884	)		-			(498,436	)
Net income (loss) to common stockholders	$	316,306		$	5,888,210		$	(311,748	)	$	(5,576,462	)	$	316,306

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	2,356,860		$	74,334,212		$	7,679,207		$	(8,174,473	)	$	76,195,806
Operating expenses		(2,356,860	)		(57,121,439	)		(6,120,507	)		8,174,475			(57,424,331	)
Income from operations		-			17,212,773			1,558,700			2			18,771,475
Other income (expense)		(16,324,377	)		(240,685	)		2,990			-			(16,562,072	)
Earnings from subsidiaries		18,533,780			-			-			(18,533,780	)		-
Income before income tax		2,209,403			16,972,088			1,561,690			(18,533,778	)		2,209,403
Income tax expense		(36,013	)		-			-			-			(36,013	)
Net income to common stockholders	$	2,173,390		$	16,972,088		$	1,561,690		$	(18,533,778	)	$	2,173,390

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Revenues	$	2,599,694		$	68,846,718		$	3,069,498		$	-	$	74,515,910
Operating expenses		(3,550,820	)		(132,824,424	)		(73,097,582	)		-		(209,472,826	)
Loss from operations		(951,126	)		(63,977,706	)		(70,028,084	)		-		(134,956,916	)
Other expense		(16,573,909	)		(35,331	)		(47	)		-		(16,609,287	)
Earnings from subsidiaries		(112,205,864	)		-			-			112,205,864		-
Loss before income tax		(129,730,899	)		(64,013,037	)		(70,028,131	)		112,205,864		(151,566,203	)
Income tax benefit		2,854,830			9,919,744			11,915,560			-		24,690,134
Net loss to common stockholders	$	(126,876,069	)	$	(54,093,293	)	$	(58,112,571	)	$	112,205,864	$	(126,876,069	)

Cash Flow, Supplemental Disclosures [Text Block]

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net income	$	2,173,390		$	16,972,088		$	1,561,690		$	(18,533,778	)	$	2,173,390
Adjustment to reconcile net income (loss) to cash flows from operating activities		(691,555	)		13,777,274			1,944,094			-			15,029,813
Changes in assets and liabilities, net of assets and liabilities acquired		24,210,292			(23,327,940	)		(2,725,456	)		-			(1,843,104	)
Net cash provided by operating activities		25,692,127			7,421,422			780,328			(18,533,778	)		15,360,099
Cash flows provided by (used in) investing activities		218,301			(7,734,365	)		(931,940	)		-			(8,448,004	)
Cash flows provided by (used in) financing activities		(25,910,428	)		5			-			18,533,778			(7,376,645	)
Net decrease in cash and cash equivalents		-			(312,938	)		(151,612	)		-			(464,550	)
Cash and cash equivalents, beginning of period		-			18,064,970			161,404			-			18,226,374
Cash and cash equivalents, end of period	$	-		$	17,752,032		$	9,792		$	-		$	17,761,824

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net loss	$	(126,876,069	)	$	(88,721,669	)	$	(58,112,566	)	$	146,834,235		$	(126,876,069	)
Adjustment to reconcile net loss to cash flows from operating activities		698,636			72,853,248			70,027,808			-			143,579,692
Changes in assets and liabilities, net of assets and liabilities acquired		34,214,823			(18,065,895	)		(11,736,456	)		-			4,412,472
Net cash provided by (used in) operating activities		(91,962,610	)		(33,934,316	)		178,786			146,834,235			21,116,095
Cash flows used in investing activities		-			(3,217,343	)		(178,786	)		-			(3,396,129	)
Cash flows provided by (used in) financing activities		91,962,610			51,942,556			-			(146,834,235	)		(2,929,069	)
Net increase in cash and cash equivalents		-			14,790,897			-			-			14,790,897
Cash and cash equivalents, beginning of period		-			12,393,442			350			-			12,393,792
Cash and cash equivalents, end of period	$	-		$	27,184,339		$	350		$	-		$	27,184,689