Intangible Assets, Goodwill and Other

12 Months Ended

Dec. 31, 2011

Intangible Assets, Goodwill and Other

Intangible Assets Disclosure [Text Block]

7.             Intangible Assets

Intellectual property and customer lists (“intangible assets”) acquired as part of the FieldCentrix acquisition are amortized over their estimated annual lives or over the period of their expected benefit, generally ranging from 5 to 10 years.  Amortization expense related to these intangible assets was $136,000 and $238,000 for each of the years ended December 31, 2011 and 2010, respectively. The Software was fully amortized as of September 30, 2010.

			Accumulated Amortization		Net Carrying Value
Description	Weighted Avg. Life	Gross Cost	2011	2010	2011	2010
Software	5 years	$   720,000	$   720,000	$   720,000	$             -	$              -
Customer Relationship List	10 years	1,360,000	856,000	720,000	504,000	640,000
		$2,080,000	$1,576,000	$1,440,000	$504,000	$ 640,000

        Estimated amortization expense for each of the next five years is as follows:

	Amortization Expense
2012	$	136,000
2013	$	136,000
2014	$	136,000
2015	$	96,000
2016	$	-