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General Credit Agreement
9 Months Ended
Sep. 30, 2013
General Credit Agreement [Abstract]  
General Credit Agreement

4 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, 2013, the Company signed an amendment with Bremer Bank extending the expiration date from May 5, 2013 to May 5, 2014, while keeping previous provisions intact.  The Company had no borrowings under this credit line at September 30, 2013 or December 31, 2012The credit agreement contains certain covenants requiring the Company to maintain certain financial ratios.  The Company was in compliance with these requirements as of September 30, 2013.