INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2012
INCOME TAXES  
Schedule of provision for income taxes attributable to continuing operations

 

 

 
   December 31,  
(Amounts in 000's)
  2012   2011  

Current Tax Expense (Benefit):

              

Federal

   $ (97 ) $ —  

State

     90     215  
           

 

   $ (7 ) $ 215  
           

Deferred Tax Expense:

              

Federal

   $ —   $ —  

State

     104     0  
           

 

   $ 104   $ 0  
           

Total income tax expense

   $ 97   $ 215  
           
Schedule of income tax expense applicable to continuing and discontinued operations

 

 

 
   December 31,  
(Amounts in 000's)
  2012   2011  

Income tax expense on continuing operations

   $ 97   $ 215  

Income tax expense (benefit) on discontinued operations

     (20 )    (191 )
           

Total income tax expense

   $ 77   $

24

  
           
Schedule of tax effect of significant temporary differences representing deferred tax assets and liabilities

 

 

 
   December 31,  
(Amounts in 000's)
  2012   2011  

Net current deferred tax asset:

              

Allowance for doubtful accounts

   $ 1,265   $ 494  

Accrued expenses

     464     429  
           

 

     1,729     923  
           

Net long-term deferred tax asset (liability):

              

Net operating loss carry forwards

     4,825     3,896  

Noncontrolling interests

     —     38  

Property, equipment & intangibles

     (1,091 )   (1,434 )

Stock based compensation

     848     832  

Convertible debt adjustments

     1,876     1,074  

Other

     (277 )   648  
           

 

     6,181     5,054  
           

Total deferred tax assets

     7,910     5,977  

Valuation allowance

     (8,014 )   (6,063 )
           

Net deferred tax liability

   $ (104 ) $ (86 )
           
Schedule of differences between income taxes computed at the federal statutory rate and the provision for income taxes

 

 

 
   December 31,  
 
   2012   2011  

Federal income tax at statutory rate

     34.0 %   34.0 %

State and local taxes

     (0.6 )%   (3.1 )%

Consolidated VIE LLCs

     (1.5 )%   (7.6 )%

Nondeductible expenses

     (0.8 )%   (0.9 )%

Other

     1.7 %   0.4 %

Change in valuation allowance

     (33.5 )%   (26.3 )%
           

Effective tax rate

     (0.7 )%   (3.5 )%