 |
v2.4.0.6
|
Condensed Consolidated Statements of Operations (USD $)
|
3 Months Ended |
9 Months Ended |
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
| Operating revenues |
$ 5,779,000 |
$ 5,390,000 |
$ 16,730,000 |
$ 16,292,000 |
| Operating expenses: |
|
|
|
|
| Administrative |
5,051,000 |
5,491,000 |
15,210,000 |
16,258,000 |
| Amortization of intangible assets |
2,401,000 |
1,391,000 |
7,203,000 |
4,000,000 |
| Impairment of goodwill |
|
|
|
3,500,000 |
| Total operating expenses |
7,452,000 |
6,882,000 |
22,413,000 |
23,758,000 |
| Operating loss |
(1,673,000) |
(1,492,000) |
(5,683,000) |
(7,466,000) |
| Other income |
|
|
|
|
| Interest income |
23,000 |
21,000 |
61,000 |
66,000 |
| Net realized gains (losses) on investments |
13,000 |
(17,000) |
6,000 |
(18,000) |
| Income (loss) from equity investees |
177,000 |
(78,000) |
452,000 |
342,000 |
| Loss before income taxes |
(1,460,000) |
(1,566,000) |
(5,164,000) |
(7,076,000) |
| Income tax benefit |
|
|
|
|
| Net loss |
$ (1,460,000) |
$ (1,566,000) |
$ (5,164,000) |
$ (7,076,000) |
| Earnings (loss) per share |
|
|
|
|
| Basic |
$ (0.07) |
$ (0.08) |
$ (0.25) |
$ (0.34) |
| Diluted |
$ (0.07) |
$ (0.08) |
$ (0.25) |
$ (0.34) |
| Weighted average number of common shares outstanding: |
|
|
|
|
| Basic |
20,634,232 |
20,634,232 |
20,634,232 |
20,634,232 |
| Diluted |
20,634,232 |
20,634,232 |
20,634,232 |
20,634,232 |
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