11. Reclassifications:

3 Months Ended

Mar. 31, 2013

Notes to Financial Statements

11. Reclassifications:

As previously reported for the quarter ended March 31, 2012, the Company recorded various minimum state taxes based on gross revenues and capital which was presented as income taxes on the consolidated statement of operations. The Company has reclassified such taxes to general and administrative expenses to conform to the 2013 presentation.