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10. ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables) | 12 Months Ended
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Dec. 31, 2012
Payables and Accruals [Abstract] |
Components of accounts payable | The components of accounts payable at December 31, are detailed as follows:
|  | December 31, |  |  | December 31, |
|  | 2012 |  |  | 2011 |
Accounts Payable |  | $ | 5,713,000 |  |  | $ | 6,553,000 |
Accrued Expenses |  |  | 697,000 |  |  |  | 497,000 |
Due to Old Nassau Tool |  |  | 411,000 |  |  |  | - |
Accrued Interest |  |  | 138,000 |  |  |  | 169,000 |
Accrued Payroll |  |  | 99,000 |  |  |  | 178,000 |
401K payable |  |  | 19,000 |  |  |  | 35,000 |
|  | $ | 7,077,000 |  |  | $ | 7,432,000 |

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