LONG-TERM DEBT AND LINE OF CREDIT (Tables)

12 Months Ended

Dec. 31, 2012

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt consisted of the following at December 31, 2012 and December 31, 2011:

	2012		2011
$3,000,000 ten-year term loan with Merrill Lynch at LIBOR plus 1.3%, approximately 1.51% at December 31, 2012.  Due 2017.		2,225,000	$	2,375,000
$1,500,000 ten-year term loan with Merrill Lynch at LIBOR plus 1.3%, approximately 1.51% at December 31, 2012.  Due 2017.		1,113,000		1,188,000
$2,600,000 three-year term loan with Bank of America at LIBOR plus 2%, and repaid in August 2012.		-		893,000
	$	3,338,000	$	4,456,000
Less current portion		225,000		1,119,000
	$	3,113,000	$	3,337,000

Future Principal Payments on Long-Term Debt

Future principal payments on long-term debt are as follows:

2013	$	225,000
2014		225,000
2015		225,000
2016		225,000
2017		225,000
Thereafter		2,213,000
	$	3,338,000