ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2014

The estimated fair value of the Company’s assets and liabilities as of December 31, 2014 and December 31, 2013 were as follows (in thousands):

									Carrying
	Level 1		Level 2		Level 3		Total		Value
December 31, 2014

Assets:
Cash, cash equivalents, restricted cash	$	1,109	$	-	$	-	$	1,109	$	1,109
Certificate of deposit		9,000		-				9,000		9,000
Investment in equity securities		-		-		330		330		2,709
Total	$	10,109	$	-	$	330	$	10,439	$	12,818

Liabilities
Advances on line of credit		8,780		-		-		8,780		8,780
Debt obligations		-		10,658		-		10,658		10,591
Total	$	8,780	$	10,658	$	-	$	19,438	$	19,371

December 31, 2013

Assets:
Cash, cash equivalents, restricted cash	$	1,959	$	-	$	-	$	1,959	$	1,959
Certificate of deposit		9,000		-		-		9,000		9,000
Investment in equity securities		-		-		300		300		2,701
Total	$	10,959	$	-	$	300	$	11,259	$	13,660

Liabilities
Advances on line of credit		8,840		-		-		8,840		8,840
Debt obligations		-		15,082		-		15,082		15,544
Total	$	8,840	$	15,082	$	-	$	23,922	$	24,384

The following table illustrates the computations of basic and diluted earnings per share for the years ended December 31, 2014, 2013 and 2012.

	2014		2013		2012

Numerator for basic and diluted (loss) earnings per share	$	(952,000)	$	(312,000)	$	38,000

Denominator:
Denominator for basic (loss) earnings per share – weighted-average shares		5,028,000		4,608,000		4,609,000
Effect of dilutive securities
Employee stock options/restricted stock units		3,000		3,000		3,000

Denominator for diluted (loss) earnings per share – adjusted weighted- average shares		5,031,000		4,611,000		4,612,000

(Loss) earnings per common share- basic	$	(0.19)	$	(0.07)	$	0.01

(Loss) earnings per common share- diluted	$	(0.19)	$	(0.07)	$	0.01

The following table provides a break out of domestic and foreign allocations of medical services revenues and net property and equipment: