Note 8 - Prepaid Expenses and Other Current Assets
 12 Months Ended
Dec. 31, 2013
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]

NOTE 8. PREPAID EXPENSES AND OTHER CURRENT ASSETS


Prepaid expenses and other current assets as of December 31, 2013 and 2012 are summarized below:


    2013     2012  
    (in thousands)  

Prepaid insurance

  $ 2,422     $ 2,554  

Selling expenses

    869       436  

Fair market value of energy swaps, current portion

    275       134  

Whey process filters

    38       —  

Leases

    53       118  

Other prepaids and expenses

    258       188  

Total prepaid expenses and other current assets

  $ 3,915     $ 3,430  

Amounts included in prepaid expenses and other current assets consist primarily of prepaid operating expenses including insurance, rents, and selling expenses. Energy swap assets are valued at each reporting date at their fair value (see Note 21 – Fair Value Disclosures for additional information). Prepaid selling expenses are expensed in those periods in which the related revenue is recognized.