2.4.0.81030 - Disclosure - LIQUIDITY AND PROFITABILITYtruefalsefalse1falsefalsefalseD2012Q1http://www.sec.gov/CIK0001004724duration2012-01-01T00:00:002012-03-31T00:00:001true1adk_LiquidityAndProfitabilityDisclosureAbstractadk_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false2adk_LiquidityAndProfitabilityDisclosureTextBlockadk_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<div style="font-size:10.0pt;font-family:Times New Roman;">
<p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">NOTE 3.      LIQUIDITY AND PROFITABILITY</font></b></p>
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<p style="MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The Company had a net loss of approximately $2,413,000 for the three months ended</font> <font style="FONT-SIZE: 10pt;" size="2">March 31, 2012, and had negative working capital of approximately $8,119,000 at March 31, 2012.  The Company’s ability to achieve sustained profitable operations is dependent on continued growth in revenue and controlling costs.</font></p>
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<p style="MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Management’s plans for increasing liquidity and profitability in future years encompass the following:</font></p>
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<p style="TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt; punctuation-wrap: simple;"><font style="FONT-FAMILY: Symbol; FONT-SIZE: 10pt;" size="2">·</font><font style="FONT-SIZE: 3pt;" size="1">           </font> <font style="FONT-SIZE: 10pt;" size="2">refinancing debt where possible to obtain more favorable terms;</font></p>
<p style="TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt; punctuation-wrap: simple;"><font style="FONT-FAMILY: Symbol; FONT-SIZE: 10pt;" size="2">·</font><font style="FONT-SIZE: 3pt;" size="1">           </font> <font style="FONT-SIZE: 10pt;" size="2">increasing facility occupancy and improving the occupancy mix by increasing Medicare patients;</font></p>
<p style="TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt; punctuation-wrap: simple;"><font style="FONT-FAMILY: Symbol; FONT-SIZE: 10pt;" size="2">·</font><font style="FONT-SIZE: 3pt;" size="1">           </font> <font style="FONT-SIZE: 10pt;" size="2">acquiring additional long term care facilities with existing cash flowing operations to expand our operations; and</font></p>
<p style="TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt; punctuation-wrap: simple;"><font style="FONT-FAMILY: Symbol; FONT-SIZE: 10pt;" size="2">·</font><font style="FONT-SIZE: 3pt;" size="1">           </font> <font style="FONT-SIZE: 10pt;" size="2">adding additional management contracts.</font></p>
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<p style="MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Management believes that the foregoing actions, if taken by the Company, should provide the opportunity for the Company to improve liquidity and achieve profitability; however, there is no assurance that such actions will occur.  The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.</font></p>
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