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CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating activities    
Net loss $ (642) $ (210)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Amortization 53 0
Amortization of debt costs 43 0
Change in unrealized loss on interest rate swap 213 0
Stock-based compensation 76 57
Decrease in Other Receivables (29) 11
Increase in deposits 0 (5)
Increase in prepaid expense (32) (32)
Increase in Other Assets (47) (67)
Increase (decrease) in deferred revenue 103 (4)
Increase in Accounts Payable 516 203
Increase in Accrued Interest 104 22
Net cash provided by (used in) operating activities 358 (25)
Investing Activities    
Aquistion of land (4,420) 0
Aquistion of intangibles (4,714) 0
Net cash used in investing activities (9,134) 0
Financing Activities    
Principal payment on long-term debt (68) (12)
Net proceeds from issuance of common stock 0 219
Net proceeds from issuance of preferred stock 3,173 0
Proceeds from other long-term debt 6,941 0
Payments for deferred finance costs (826) 0
Proceeds from excercise of stock options 158 0
Cash dividends paid on preferred stock (61) (165)
Net cash provided by (used in) financing activities 9,317 42
Net increase in cash and cash equivalents 541 17
Cash and cash equivalents, beginning of period 78 366
Cash and cash equivalents, end of period 619 383
Non cash investing and financing activities:    
Amortization of preferred stock costs 77 0
Suplemental disclosure of cash flow information:    
Interest paid $ 59 $ 1