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Long-term obligations (Tables)

12 Months Ended

Dec. 31, 2013

Long Term Obligations [Abstract]

Schedule of Debt [Table Text Block]

Total long-term obligations as of December 31, 2013 and 2012 consist of the following (in thousands):

		2013			2012
Vendor obligations
Capital lease obligations		$	17		$	32
Deferred lease payments (2)			764			697
Microsoft licenses (1)			-			409
Pension obligations
Accrued pension liability			3,317			3,054
			4,098			4,192
Less: Current portion of long-term obligations			351			818
Totals		$	3,747		$	3,374

⁽¹⁾ In April 2011, the Company renewed a vendor agreement to acquire certain additional software licenses and to receive support and subsequent software upgrades on these and other currently owned software licenses through February 2014. As of December 31, 2013, the Company has paid in full all the installments.

⁽²⁾ Deferred lease payment represents the effect of straight-lining lease payments over the contractual lease term.

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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