Quarterly report pursuant to Section 13 or 15(d)

Contingency

v2.3.0.15
Contingency
 9 Months Ended
Sep. 30, 2011
Contingency [Abstract]  
CONTINGENCY
11.  
CONTINGENCY
In November 2010, the Company was notified by the Department of Treasury’s Internal Revenue Service (IRS) of their initial conclusion regarding their audit of GEM for the 2009 tax year. As of the date of this filing, the Company was in the process of reviewing a potential amount due related to cumulative accrued interest income. The potential estimated tax liability is $0.5 million, 50% of which would be a contingency of RAM. A potential payment will likely reduce the Company’s deferred tax liability and have no impact on net income.