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COMMITMENTS AND CONTINGENCIES
12 Months Ended
Dec. 31, 2012
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block]

Note 12 – Commitments and Contingencies

 

As of December 31, 2012, the Company has commitments to purchase three PBRT systems, two Gamma Knife Perfexion systems, one Gamma Knife model 4C system, and one radiation therapy system. These commitments total approximately $48,195,000, and the Company has made deposits and progress payments totaling approximately $8,186,000 towards the purchase of this equipment. One Perfexion system is scheduled to be installed in the first quarter 2013 at a new customer site in Florida, and a second Perfexion system in the second quarter 2013 at an existing customer site. The Gamma Knife model 4C system is projected to be installed in the fourth quarter 2013 at the Company’s new customer site in Peru. The remaining Perfexion unit and the radiation therapy equipment is for sites yet to be determined. The three PBRT systems currently have anticipated delivery dates in 2014 and later, pending certain construction milestones. The deposits and progress payments are classified as deposits and construction in progress under Property and Equipment.