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Long-Term Debt And Credit Facilities (Tables)
12 Months Ended
Dec. 31, 2012
Long-Term Debt And Credit Facilities [Abstract]  
Schedule Of Long-Term Debt Outstanding

 

December 31, 2012

 

December 31, 2011

 

Carrying

Estimated

 

Carrying

Estimated

 

Amount

Fair Value

 

Amount

Fair Value

 

 

 

 

 

 

Revolving line of credit, due June 2013

$
7,253,017 
$
7,277,084 

 

$
15,290,510 
$
15,371,063 

Term note, due December 2013

4,000,000 
4,000,000 

 

8,000,000 
8,000,000 

Healthcare Royalty Partners debt

16,248,075 
16,248,075 

 

15,173,342 
15,173,342 

Subordinated convertible debentures

1,588,134 
1,588,134 

 

-          

-           

Total debt

29,089,226 
29,113,293 

 

38,463,852 
38,544,405 

Less current maturities

(12,264,490)
(12,288,557)

 

(21,173,321)
(21,253,874)

Total long term debt

$
16,824,736 
$
16,824,736 

 

$
17,290,531 
$
17,290,531 

 

 

 

 

 

 

 

Contractual Principal Maturities Of Debt

 

 

 

 

 

2013

 

$

12,264,490 

 

2014(1)

 

 

10,097,285 

 

2015

 

 

2,312,052 

 

2016

 

 

2,710,351 

 

2017

 

 

3,177,265 

 

2018 and Beyond

 

 

5,064,649 

 

 

 

$

35,626,092 

(2)

 

 

 

 

 

(1) Includes $6.5 million convertible debt discount related to debt maturing on May 7, 2014.

(2) Future principal payments of Biosense Webster advance based on estimated future royalties.