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General Credit Agreement
12 Months Ended
Dec. 31, 2012
General Credit Agreement [Abstract]  
General Credit Agreement

7.GENERAL CREDIT AGREEMENT

 

The Company has a general credit agreement with Bremer Bank, which provides a revolving credit line of up to $3,000,000.  On May 6, 2012, the Company signed an amendment with Bremer Bank extending the expiration date from May 8, 2012 to May 5, 2013, while keeping previous provisions intact.  The Company had no borrowings under this credit line at December 31, 2012 and December 31, 2011The credit agreement contains certain covenants requiring the Company to maintain certain financial ratios.  The Company was in compliance with these requirements as of December 31, 2012.