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LONG-TERM DEBT AND LEASE OBLIGATIONS
12 Months Ended
Dec. 31, 2012
LONG-TERM DEBT AND LEASE OBLIGATIONS [Abstract]  
LONG-TERM DEBT AND LEASE OBLIGATIONS
Note 8, Long-Term Debt and Lease Obligations:

Long-term debt and lease obligations are summarized as follows:

(In thousands)
 
2012
 
 
2011
 
Revolving credit notes (a)
 
$
 
 
$
 
Lease obligations (b)
 
 
19,354
 
 
 
13,046
 
 
 
19,354
 
 
 
13,046
 
Less portion classified as current
 
 
(881
)
 
 
(762
)
 
$
18,473
 
 
$
12,284
 
 
(a)   We have a revolving credit agreement as described in Note 5.
(b)   These obligations are related to retail stores under lease with aggregate net book values of approximately $17,607,000 and $11,615,000 at December 31, 2012 and 2011, respectively.
 
The approximate aggregate maturities of lease obligations during the five years subsequent to December 31, 2012 and thereafter are as follows:  2013 - $881,000; 2014 - $1,020,000; 2015 - $1,231,000, 2016 - $1,387,000; 2017 - $1,502,000 and $13,333,000 thereafter.  These maturities are net of imputed interest of approximately $8,347,000 at December 31, 2012.

Cash payments for interest were approximately $834,000, $790,000 and $907,000 in 2012, 2011 and 2010, respectively.