TRADE RECEIVABLES

12 Months Ended

Dec. 31, 2013

TRADE RECEIVABLES [Abstract]

TRADE RECEIVABLES

 

NOTE 5 – TRADE RECEIVABLES

Trade receivables, net, at December 31, 2013, and 2012, respectively, consisted of the following:

	2013			2012
	(thousands of dollars)
Trade receivables	$	22,279		$	16,012
Less allowance for doubtful accounts		(210	)		(210	)
Trade receivables, net	$	22,069		$	15,802

Trade receivables serving as collateral for our line of credit with a domestic bank was $17.7 million and $11.7 million at December 31, 2013, and 2012, respectively (see Note 10).