XML 35 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current assets  
Cash and cash equivalents$ 135,662$ 61,969
Accounts receivable - trade450,125688,134
Cost incurred related to deferred revenue1,842,980977,878
Prepaid expenses and other current assets90,029116,011
Total current assets2,518,7961,843,992
Property and equipment, net2,875,2412,886,275
Other assets  
Deferred income taxes569,582569,582
Identifiable intangible assets, net1,374,6121,562,297
Goodwill3,658,3643,658,364
Other assets151,861171,542
Total other assets5,754,4195,961,785
Total assets11,148,45610,692,052
Current liabilities  
Accounts payable and accrued expenses989,894934,789
Deferred revenue1,760,112758,849
Revolving credit line565,140894,328
Current portion of long-term debt744,066680,707
Current portion of capital leases103,44790,179
Accrued dividends154,588105,563
Total current liabilities4,317,2473,464,415
Long-term debt, less current portion2,104,3562,349,623
Capital leases, less current portion95,761155,196
Total liabilities6,517,3645,969,234
Commitments and contingencies  
Stockholders' equity  
Common stock, $0.01 par value. 7,500,000 shares authorized. 3,045,856 issued30,45830,458
Additional paid-in capital92,949,90393,045,614
Accumulated deficit(89,735,095)(88,859,202)
Treasury stock, at cost, for 28,276 shares(70,689)(70,689)
Total stockholders' equity4,631,0924,722,818
Total liabilities and stockholders' equity11,148,45610,692,052
Series A Preferred stock
  
Stockholders' equity  
Preferred stock200200
Series B Preferred Stock
  
Stockholders' equity  
Preferred stock871,315576,437
Series C Preferred stock
  
Stockholders' equity  
Preferred stock$ 585,000