Note 3 - Restricted Funds

12 Months Ended

Dec. 31, 2011

Notes To Financial Statements

Restricted Assets Disclosure [Text Block]

3.   Restricted Funds

At December 31, 2010, the Company has restricted funds totaling $2,232. The funds represent collateral for Letters of Credit (“LOC”) for the security deposits on the Company’s real estate leases. Approximately $1,500 of the deposits were held in a single premium deferred annuity and the remaining funds were held in certificates of deposit that have original maturities of up to one year. In the fourth quarter of 2011, the Company transferred the LOC to their PNC credit facility (see Note 9), which allows up to $3,000 in letters of credit.  LOC under the PNC facility do not require a collateral deposit, but instead limit the amount the Company can borrow under the facility. At December 31, 2011, the Company was using $1,850 in LOC under the PNC facility. At December 31, 2011, the Company did not have any restricted cash.