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INCOME TAXES (Tables)
6 Months Ended
Jun. 30, 2013
Income Taxes Tables  
Provision (benefit) for income taxes

The provision (benefit) for income taxes from continued operations for the quarter ended June 30, 2013 consisted of the following:       

         
    June 30, 2013  
Current:      
Federal   $ 34,478  
State     29,500  
      63,978  
Deferred:        
Federal   $ 384,250  
State     40,000  
      428,250  
Change in valuation allowance     (428,250)  
Provision benefit for income taxes, net   $ 63,978  
Deferred tax assets

The components of deferred tax assets consist principally from the following:     

 

         
    June 30, 2013  
       
Net operating loss carryforwards     7,300,000  
Valuation allowance     (6,611,000 )
         
Deferred income tax asset   $ 689,000