XML 19 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating activities:    
Net income $ 647,000 $ 1,024,000
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 4,563,000 4,475,000
Stock based compensation expense 62,000 102,000
Loss (Gain) on sale of assets 3,000 (54,000)
Changes in operating assets and liabilities:    
Receivables (372,000) (719,000)
Prepaid expenses and other assets (542,000) (286,000)
Customer deposits/deferred revenue 263,000 24,000
Accounts payable and accrued liabilities (228,000) 990,000
Cumulative translation adjustment and other (120,000) 0
Net cash from operating activities 4,276,000 5,556,000
Investing activities:    
Payment for purchase of property and equipment (4,103,000) (2,223,000)
Investment in subsidiaries by non-controlling interests 169,000 1,099,000
Payment for repurchase of common stock (29,000) 0
Investment in convertible preferred stock (31,000) 0
Net cash from investing activities (3,994,000) (1,124,000)
Financing activities:    
Principal payments on long-term debt (2,946,000) (2,872,000)
Principal payments on capital leases (2,796,000) (2,124,000)
Long term debt financing on property and equipment 3,925,000 1,699,000
Advances on line of credit 950,000 0
Payments on line of credit (600,000) (1,000,000)
Distributions to non-controlling interests (679,000) (907,000)
Net cash from financing activities (2,146,000) (5,204,000)
Net change in cash and cash equivalents (1,864,000) (772,000)
Cash and cash equivalents at beginning of period 2,580,000 1,438,000
Cash and cash equivalents at end of period 716,000 666,000
Supplemental cash flow disclosure:    
Interest 1,782,000 1,891,000
Income taxes 147,000 49,000
Schedule of non-cash investing and financing activities    
Acquisition of equipment with capital lease financing $ 264,000 $ 3,465,000