Note 7 - Subsidiary Guarantees (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of Condensed Balance Sheet [Table Text Block]

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current assets
Cash and cash equivalents	$	-		$	32,515,933		$	350		$	-		$	32,516,283
Accounts receivable, net		-			11,160,581			385,159			-			11,545,740
Materials and supplies		-			1,165,042			680,204			-			1,845,246
Prepaid expenses		459,021			1,555,192			(32,582	)		-			1,981,631
Deferred income taxes		1,843,160			-			-			-			1,843,160
Investment in subsidiaries		72,218,114			-			-			(72,218,114	)		-
Intercompany receivable		(219,453,880	)		(29,764,405	)		29,764,405			219,453,880			-
Total current assets		(144,933,585	)		16,632,343			30,797,536			147,235,766			49,732,060
Property and equipment, net					56,819,459			1,423,444			-			58,242,903
Goodwill		239,970,317			(121,910,761	)		(73,102,716	)		-			44,956,840
Intangible assets, net		-			5,580,175			1,090,217			-			6,670,392
Investments		1,203,605			407,708			308,014			-			1,919,327
Deferred income taxes		6,275,997			-			-			-			6,275,997
Other long-term assets		4,037,311			490,131			-			-			4,527,442
Total assets	$	106,553,645		$	(41,980,945	)	$	(39,483,505	)	$	147,235,766		$	172,324,961
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current liabilities
Accounts payable and accrued expenses	$	8,585,915		$	6,980,505		$	1,341,363		$	-		$	16,907,783
Intercompany payables		-			(219,453,880	)		-			219,453,880			-
Other current liabilities		430,896			1,581,987			69,040			-			2,081,923
Current notes payable		230,726,547			40,263,476						-			270,990,023
Total current liabilities		239,743,358			(170,627,912	)		1,410,403			219,453,880			289,979,729
Deferred income taxes		8,407,880			12,970,082			1,292,206			-			22,670,168
Other liabilities		-			1,272,657			-			-			1,272,657
Stockholders' equity (deficit)		(141,597,593	)		114,404,228			(42,186,114	)		(72,218,114	)		(141,597,593	)
Total liabilities and stockholders' equity (deficit)	$	106,553,645		$	(41,980,945	)	$	(39,483,505	)	$	147,235,766		$	172,324,961

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current assets
Cash and cash equivalents	$	230,856		$	34,061,963		$	500		$	-		$	34,293,319
Accounts receivable, net		-			9,195,452			417,521			-			9,612,973
Materials and supplies		-			1,140,587			783,604			-			1,924,191
Prepaid expenses		562,855			2,244,771			19,419			-			2,827,045
Deferred income taxes		1,843,160			-			-			-			1,843,160
Investment in subsidiaries		76,911,315			-			-			(76,911,315	)		-
Intercompany receivable		(224,623,263	)		(30,017,903	)		30,017,903			224,623,263			-
Total current assets		(145,075,077	)		16,624,870			31,238,947			147,711,948			50,500,688
Property and equipment, net					55,136,554			1,435,299			-			56,571,853
Goodwill		239,970,317			(121,910,761	)		(73,102,716	)		-			44,956,840
Intangible assets, net		-			4,522,777			1,058,152			-			5,580,929
Investments		1,203,605			401,331			308,014			-			1,912,950
Deferred income taxes		6,275,997			-			-			-			6,275,997
Other long-term assets		2,130,553			529,965			-			-			2,660,518
Total assets	$	104,505,395		$	(44,695,264	)	$	(39,062,304	)	$	147,711,948		$	168,459,775
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current liabilities
Accounts payable and accrued expenses	$	473,846		$	5,445,001		$	1,447,928		$	-		$	7,366,775
Intercompany payables		-			(224,623,263	)		-			224,623,263			-
Other current liabilities		430,896			1,522,789			77,840			-			2,031,525
Total current liabilities		904,742			(217,655,473	)		1,525,768			224,623,263			9,398,300
Liabilities subject to compromise		238,564,386			40,263,476			-			-			278,827,862
Deferred income taxes		8,407,880			12,970,082			1,292,206			-			22,670,168
Other liabilities		-			935,058			-			-			935,058
Stockholders' equity (deficit)		(143,371,613	)		118,791,593			(41,880,278	)		(76,911,315	)		(143,371,613	)
Total liabilities and stockholders' equity (deficit)	$	104,505,395		$	(44,695,264	)	$	(39,062,304	)	$	147,711,948		$	168,459,775

Schedule of Condensed Income Statement [Table Text Block]

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	880,787		$	23,460,360		$	1,033,094		$	-		$	25,374,241
Operating expenses		(880,787	)		(16,999,324	)		(877,392	)		-			(18,757,503	)
Income from operations		-			6,461,036			155,702			-			6,616,738
Other expense		(5,266,807	)		(7,229	)		(7	)		-			(5,274,043	)
Earnings from subsidiaries		6,609,502			-			-			(6,609,502	)		-
Income before income tax		1,342,695			6,453,807			155,695			(6,609,502	)		1,342,695
Income tax expense		(524,457	)		-			-			-			(524,457	)
Net income to common stockholders	$	818,238		$	6,453,807		$	155,695		$	(6,609,502	)	$	818,238

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	884,619		$	19,031,627		$	1,071,663		$	-		$	20,987,909
Operating expenses		(884,620	)		(14,480,499	)		(734,134	)		-			(16,099,253	)
Income from operations		(1	)		4,551,128			337,529			-			4,888,656
Other expense		(6,728,279	)		(6,007	)		(2	)		-			(6,734,288	)
Earnings from subsidiaries		4,882,648			-			-			(4,882,648	)		-
Income (loss) before income tax		(1,845,632	)		4,545,121			337,527			(4,882,648	)		(1,845,632	)
Income tax benefit (expense)		71,611			(157,755	)		(31,691	)		189,446			71,611
Net income (loss) to common stockholders	$	(1,774,021	)	$	4,387,366		$	305,836		$	(4,693,202	)	$	(1,774,021	)

Cash Flow, Supplemental Disclosures [Text Block]

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net income	$	818,238		$	13,063,309		$	155,695		$	(13,219,004	)	$	818,238
Adjustment to reconcile net income to cash flows from operating activities		72,746			4,508,387			136,608			-			4,717,741
Changes in assets and liabilities		8,058,290			(6,093,315	)		(209,899	)		-			1,755,076
Net cash provided by operating activities		8,949,274			11,478,381			82,404			(13,219,004	)		7,291,055
Cash flows used in investing activities		-			(1,220,793	)		(82,404	)		-			(1,303,197	)
Cash flows used in financing activities		(8,949,274	)		(6,609,501	)		-			13,219,004			(2,339,771	)
Net increase in cash and cash equivalents		-			3,648,087			-			-			3,648,087
Cash and cash equivalents, beginning of period		-			12,393,442			350			-			12,393,792
Cash and cash equivalents, end of period	$	-		$	16,041,529		$	350		$	-		$	16,041,879

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net income (loss)	$	(1,774,021	)	$	4,387,367		$	305,835		$	(4,693,202	)	$	(1,774,021	)
Adjustment to reconcile net income (loss) to cash flows from operating activities		310,764			3,521,595			81,554			-			3,913,913
Changes in assets and liabilities		7,502,190			(5,623,054	)		(328,264	)		-			1,550,872
Net cash provided by operating activities		6,038,933			2,285,908			59,125			(4,693,202	)		3,690,764
Cash flows used in investing activities		-			(739,878	)		(58,975	)		-			(798,853	)
Cash flows used in financing activities		(6,038,933	)		-			-			4,924,058			(1,114,875	)
Net increase in cash and cash equivalents		-			1,546,030			150			230,856			1,777,036
Cash and cash equivalents, beginning of period		-			32,515,933			350			-			32,516,283
Cash and cash equivalents, end of period	$	-		$	34,061,963		$	500		$	230,856		$	34,293,319