Orbit International (ORBT) 10-Q 15 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	12-May-14
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'ORBIT INTERNATIONAL CORP	'
Entity Central Index Key	'0000074818	'
Current Fiscal Year End Date	'--12-31	'
Entity Well-known Seasoned Issuer	'No	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	4,493,718
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Mar-14	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Current assets:	'	'
Cash and cash equivalents	$1,464,000	$2,562,000
Investments in marketable securities	239,000	243,000
Accounts receivable (less allowance for doubtful accounts of $145,000)	3,267,000	2,981,000
Inventories	11,783,000	11,803,000
Other current assets	263,000	264,000
Total current assets	17,016,000	17,853,000
Property and equipment, net	761,000	975,000
Goodwill	868,000	868,000
Other assets	40,000	35,000
TOTAL ASSETS	18,685,000	19,731,000
Current liabilities:	'	'
Note payable - bank	0	2,100,000
Accounts payable	582,000	510,000
Liability associated with non-renewal of senior officer contract	32,000	36,000
Income taxes payable	34,000	25,000
Accrued expenses	1,004,000	1,149,000
Customer advances	298,000	17,000
Total current liabilities	1,950,000	3,837,000
Note payable-bank	1,970,000	0
Liability associated with non-renewal of senior Officer contract, net of current portion	1,000	4,000
Total liabilities	3,921,000	3,841,000
STOCKHOLDERS' EQUITY	'	'
Common stock - $.10 par value, 10,000,000 shares authorized, 5,232,000 shares issued at 2014 and 2013, respectively, and 4,494,000 and 4,521,000 shares outstanding at 2014 and 2013, respectively	523,000	523,000
Additional paid-in capital	22,850,000	22,824,000
Treasury stock, at cost, 738,000 and 711,000 shares at 2014 and 2013, respectively	-2,225,000	-2,133,000
Accumulated other comprehensive loss, net of tax	-3,000	-5,000
Accumulated deficit	-6,381,000	-5,319,000
Total stockholders' equity	14,764,000	15,890,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$18,685,000	$19,731,000

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Current assets:	'	'
Accounts receivables, allowance for doubtful accounts	$145,000	$145,000
STOCKHOLDERS' EQUITY	'	'
Common stock, par value (in dollars per share)	$0.10	$0.10
Common stock, authorized (in shares)	10,000,000	10,000,000
Common stock, issued (in shares)	5,232,000	5,232,000
Common stock, outstanding (in shares)	4,494,000	4,521,000
Treasury stock, at cost (in shares)	738,000	711,000

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (unaudited) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (unaudited) [Abstract]	'	'
Net sales	$5,007,000	$6,447,000
Cost of sales	3,507,000	3,956,000
Gross profit	1,500,000	2,491,000
Selling, general and administrative expenses	2,543,000	2,531,000
Interest expense	11,000	17,000
Investment and other income, net	-10,000	-3,000
Loss before income tax provision	-1,044,000	-54,000
Income tax provision	18,000	26,000
NET LOSS	-1,062,000	-80,000
Change in unrealized gains on marketable securities, net of income tax	2,000	4,000
Comprehensive loss	($1,060,000)	($76,000)
Net loss per common share:	'	'
Basic and diluted (in dollars per share)	($0.24)	($0.02)
Weighted average number of common shares outstanding:	'	'
Basic and diluted (in shares)	4,379,000	4,487,000

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:	'	'
Net loss	($1,062,000)	($80,000)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:	'	'
Share-based compensation expense	26,000	28,000
Depreciation and amortization	246,000	68,000
(Gain) loss on sale of marketable securities	-3,000	2,000
Bond (discount) premium amortization	-2,000	1,000
Changes in operating assets and liabilities:	'	'
Accounts receivable	-286,000	1,305,000
Inventories	20,000	343,000
Costs and estimated earnings in excess of billings on uncompleted contracts	0	-9,000
Other current assets	1,000	18,000
Other assets	-5,000	14,000
Accounts payable	72,000	41,000
Accrued expenses	-145,000	-165,000
Income taxes payable	9,000	2,000
Customer advances	281,000	-71,000
Liability associated with non-renewal of senior officer contract	-7,000	-106,000
Net cash (used in) provided by operating activities	-855,000	1,391,000
Cash flows from investing activities:	'	'
Purchases of property and equipment	-32,000	-128,000
Purchase of marketable securities	-143,000	-156,000
Sale of marketable securities	154,000	150,000
Net cash used in investing activities	-21,000	-134,000
Cash flows from financing activities:	'	'
Purchase of treasury stock	-92,000	-56,000
Repayments of note payable - bank	-130,000	-624,000
Repayments of long-term debt	0	-8,000
Net cash used in financing activities	-222,000	-688,000
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	-1,098,000	569,000
Cash and cash equivalents - Beginning of period	2,562,000	610,000
CASH AND CASH EQUIVALENTS - End of period	1,464,000	1,179,000
Supplemental cash flow information:	'	'
Cash paid for interest	11,000	18,000
Cash paid for income taxes	$9,000	$24,000

Basis_of_Presentation_and_Summ

Basis of Presentation and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2014
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]	'
Basis of Presentation and Summary of Significant Accounting Policies	'
	(NOTE 1) – Basis of Presentation and Summary of Significant Accounting Policies:
	General
	The interim financial information herein is unaudited.  However, in the opinion of management, such information reflects all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of the results of operations for the periods being reported.  Additionally, it should be noted that the accompanying condensed consolidated financial statements do not purport to contain complete disclosures required for annual financial statements in accordance with accounting principles generally accepted in the United States of America.
	The results of operations for the three months ended March 31, 2014 are not necessarily indicative of the results of operations that can be expected for the year ending December 31, 2014.
	These condensed consolidated statements should be read in conjunction with the Company’s consolidated financial statements for the year ended December 31, 2013 contained in the Company’s Annual Report on Form 10-K filed on March 31, 2014.
	Cash Equivalents
	The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. The Company maintains cash in bank deposit accounts, which, at times, exceed federally insured limits.  The Company has not experienced any losses on these accounts.
	Marketable Securities
	The Company's investments are classified as available-for-sale securities and are stated at fair value, based on quoted market prices, with the unrealized gains and losses, net of income tax, reported in accumulated other comprehensive income (loss). Realized gains and losses are included in investment income. Any decline in value judged to be other-than-temporary on available-for-sale securities are included in earnings to the extent they relate to a credit loss. A credit loss is the difference between the present value of cash flows expected to be collected from the security and the amortized cost basis. The amount of any impairment related to other factors will be recognized in comprehensive income (loss). The cost of securities is based on the specific-identification method. Interest and dividends on such securities are included in investment income.
	Allowance for Doubtful Accounts
	Accounts receivable are reported at their outstanding unpaid principal balances reduced by an allowance for doubtful accounts.  The Company estimates doubtful accounts based on historical bad debts, factors related to specific customers' ability to pay and current economic trends.  The Company writes off accounts receivable against the allowance when a balance is determined to be uncollectible.
	Inventories
	Inventories, which consist of raw materials, work-in-process, and finished goods, are recorded at the lower of cost (average cost method and specific identification) or market. Inventories are shown net of any reserves relating to any potential slow moving or obsolete inventory.
	Property and Equipment
	Property and equipment is recorded at cost.  Depreciation and amortization of the respective assets are computed using the straight-line method over their estimated useful lives ranging from 3 to 10 years.  Leasehold improvements are amortized using the straight-line method over the remaining term of the lease or the estimated useful life of the improvement, whichever is less.
	Long-Lived Assets
	When impairment indicators are present, the Company reviews the carrying value of its long-lived assets in determining the ultimate recoverability of their unamortized values using future undiscounted cash flow analyses. In the event the future undiscounted cash flows of the long-lived asset are less than the carrying value, the Company will record an impairment charge for the difference between the carrying value and the fair value of the long-lived asset.
	Goodwill
	The Company records goodwill as the excess of purchase price over the fair value of identifiable net assets acquired. In accordance with Accounting Standards Codification (“ASC”) 350, goodwill is not amortized but instead tested for impairment on at least an annual basis. The Company, where appropriate, will utilize Accounting Standards Update (“ASU”) 2011-08 which allows the Company to not perform the two-step goodwill impairment test if it determines that it is not more likely than not that the fair value of the reporting unit is less than the carrying amount based on a qualitative assessment of the reporting unit. The Company’s annual goodwill impairment test is performed in the fourth quarter each year or sooner when impairment indicators are present. If the goodwill is deemed to be impaired, the difference between the carrying amount reflected in the financial statements and the estimated fair value is recognized as an expense in the period in which the impairment occurs. In determining the recoverability of goodwill, assumptions are made regarding estimated future cash flows and other factors to determine the fair value of the assets.
	Income Taxes
	The Company recognizes deferred tax assets and liabilities in accordance with ASC 740 based on the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Valuation allowances have been established to reduce deferred tax assets to the amount expected to be realized. The Company evaluates uncertain tax positions and accounts for such items in accordance with ASC 740-10. The Company is subject to federal income taxes and files a consolidated U.S. federal income tax return. In addition to the federal tax return, the Company files income tax returns in various state jurisdictions. The Company is subject to routine income tax audits in various jurisdictions and tax returns remain open to examination by such taxing authorities in accordance with their respective statutes.
	Revenue and Cost Recognition
	The Company recognizes a substantial portion of its revenue upon the delivery of product. The Company recognizes such revenue when title and risk of loss are transferred to the customer and when: i) there is persuasive evidence that an arrangement with the customer exists, which is generally a customer purchase order, ii) the selling price is fixed and determinable, iii) collection of the customer receivable is deemed probable, and iv) we do not have any continuing obligations. However, for certain products, revenue and costs under larger, long-term contracts are reported on the percentage-of-completion method. For projects where materials have been purchased but have not been placed into production, the costs of such materials are excluded from costs incurred for the purpose of measuring the extent of progress toward completion. The amount of earnings recognized at the financial statement date is based on an efforts-expended method, which measures the degree of completion on a contract based on the amount of labor dollars incurred compared to the total labor dollars expected to complete the contract. When an ultimate loss is indicated on a contract, the entire estimated loss is recorded in the period the loss is identified. Costs and estimated earnings in excess of billings on uncompleted contracts represent an asset that will be liquidated in the normal course of contract completion, which at times may require more than one year. The components of cost and estimated earnings in excess of billings on uncompleted contracts are the sum of the related contract’s direct material, direct labor, manufacturing overhead and estimated earnings less accounts receivable billings.
	Deferred Rent
	The Company’s leases have escalation clauses which are recognized on a straight line basis over the life of the lease. The amounts are recorded in accrued expenses in the accompanying condensed consolidated financial statements.
	Comprehensive Income (loss)
	Comprehensive income (loss) consists of net income (loss) and unrealized gains and losses on marketable securities, net of tax. The Company has elected to present the components of net income (loss), the components of other comprehensive income and total comprehensive income as a single continuous statement.

Stock_Based_Compensation

Stock Based Compensation	3 Months Ended
	Mar. 31, 2014
Stock Based Compensation [Abstract]	'
Stock Based Compensation	'
	(Note 2) - Stock Based Compensation:
	The Company had stock-based employee compensation plans, which provided for the granting of nonqualified and incentive stock options, as well as restricted stock awards and stock appreciation rights to officers, employees and other key persons. The plans granted options with the exercise price equal to the market value of the Company’s stock on the date of such grant and all options expire ten years after granted. The terms and vesting schedules for stock-based awards vary by type of grant and generally the awards vest based upon time-based conditions. Share-based compensation expense was $26,000 and $28,000 for the three months ended March 31, 2014 and 2013, respectively.
	The Company's stock-based employee compensation plans allowed for the issuance of restricted stock awards that may not be sold or otherwise transferred until certain restrictions have lapsed. The unearned stock-based compensation related to restricted stock granted is being amortized to compensation expense over the vesting period, which ranges from seven to ten years. The share based expense for these awards was determined based on the market price of the Company's stock at the date of grant applied to the total number of shares that were anticipated to vest. As of March 31, 2014, the Company had unearned compensation of $345,000 associated with all of the Company's restricted stock awards, which will be expensed over approximately the next six years. The unvested portion of restricted stock awards at March 31, 2014 and 2013 were approximately 121,000 and 149,000 shares, respectively.
	The following table summarizes the Company's nonvested restricted stock activity for the three months ended March 31, 2014:
		Number of			Weighted-Average
		Shares			Grant-Date Fair Value
	Nonvested restricted stock at January 1, 2014		139,000		$	3.37
	Granted		-			-
	Vested		(18,000	)		3.23
	Forfeited		-			-
	Nonvested restricted stock at March 31, 2014		121,000		$	3.39
	Stock option activity during the three months ended March 31, 2014, under all stock option plans is as follows:
							Average
					Weighted		Remaining
					Average		Contractual
		Number of			Exercise		Term
		Shares			Price		(in years)
	Options outstanding, January 1, 2014		114,000		$	3.08		1
	Granted		-			-		-
	Forfeited		-			-		-
	Exercised		-			-		-
	Options outstanding, March 31, 2014		114,000		$	3.08		1
	Outstanding exercisable at March 31, 2014		114,000		$	3.08		1
	At March 31, 2014, the aggregate intrinsic value of options outstanding and exercisable was $78,000, respectively. At the comparable 2013 period, the aggregate intrinsic value of options outstanding and exercisable was $137,000 and $113,000, respectively.
	The following table summarizes the Company's nonvested stock option activity for the three months ended March 31, 2014:
		Number of			Weighted-Average
		Shares			Grant-Date Fair Value
	Nonvested stock options at January 1, 2014		14,000		$	1.02
	Granted		-			-
	Vested		(14,000	)	$	1.02
	Forfeited		-			-
	Nonvested stock options at March 31, 2014		-			-

Debt

Debt	3 Months Ended
	Mar. 31, 2014
Debt [Abstract]	'
Debt	'
	(NOTE 3) – Debt:
	On November 8, 2012, the Company entered into a credit agreement (“Credit Agreement”) with a commercial lender pursuant to which the Company established a committed line of credit of up to $6,000,000. This line of credit was used to pay off, in full, all of the Company’s obligations to its former primary lender and to provide for its general working capital needs. In June 2013, the Company’s Credit Agreement was amended whereby (i) the expiration date on its credit facility was extended to July 1, 2015 and (ii) the Company is permitted to purchase up to $400,000 of its common stock in each year beginning July 1 and ending June 30 during the term of the Credit Agreement. In April 2014, the Company’s Credit Agreement was further amended whereby (i) the Company is required, for a certain defined period of time, to have cash, marketable securities and excess availability under its borrowing base, in the aggregate, of no less than $3,000,000 (ii) the definition of the Company’s consolidated fixed charge coverage ratio was amended and compliance with such ratio was waived for the quarter ended March 31, 2014 and the Company is not required to comply with this ratio until the year ending December 31, 2014 and each fiscal quarter and year thereafter, and (iii) the Company is required to maintain consolidated tangible net worth of no less than $13,500,000 for the quarters ending June 30, 2014 and September 30, 2014. Payment of interest on the line of credit is due at a rate per annum as follows: either (i) variable at the lender’s prime lending rate (3.25% at March 31, 2014) and/or (ii) 2% over LIBOR for 30, 60 and 90 day LIBOR maturities, at the Company’s sole discretion. The line of credit is collateralized by a first priority security interest in all of the Company’s tangible and intangible assets. Outstanding borrowings under the line of credit were $1,970,000 at March 31, 2014 at an interest rate of 2.16% representing 2% plus the 30 day LIBOR rate.
	The Credit Agreement contains customary affirmative and negative covenants and certain financial covenants. Additionally, available borrowings under the line of credit are subject to a borrowing base of eligible accounts receivable and inventory. All outstanding borrowings under the line of credit are accelerated and become immediately due and payable (and the line of credit terminates) in the event of a default, as defined, under the Credit Agreement. The Company was in compliance with the financial covenants contained in its Credit Agreement at March 31, 2014, except for the fixed charge coverage ratio which was waived by the Company’s bank.

Net_Loss_Per_Common_Share

Net Loss Per Common Share	3 Months Ended
	Mar. 31, 2014
Net Loss Per Common Share [Abstract]	'
Net Loss Per Common Share	'
	(NOTE 4) – Net Loss Per Common Share:
	The following table sets forth the computation of basic and diluted net loss per common share:
		Three Months Ended
		March 31,
		2014		2013
	Denominator:
	Denominator for basic net loss per share - weighted-average common shares		4,379,000		4,487,000
	Effect of dilutive securities:
	Employee and directors stock options		-		-
	Unearned portion of restricted stock awards		-		-
	Denominator for diluted net loss per share - weighted-average common shares and assumed conversion		4,379,000		4,487,000
	The numerator for basic and diluted net loss per share for the three month periods ended March 31, 2014 and 2013 is the net loss for each period.
	Stock options to purchase 114,000 and 178,000 shares of common stock were outstanding at March 31, 2014 and 2013, respectively, but were not included in the computation of diluted loss share because inclusion of these options would have been anti-dilutive as the Company incurred net losses during the relevant periods.
	Approximately 121,000 and 149,000 shares of common stock were outstanding at March 31, 2014 and 2013, respectively, but were not included in the computation of basic loss per share. These shares were excluded because they represent the unvested portion of restricted stock awards.

Cost_of_Sales

Cost of Sales	3 Months Ended
	Mar. 31, 2014
Cost of Sales [Abstract]	'
Cost of Sales	'
	(NOTE 5) - Cost of Sales:
	For interim periods, the Company estimates certain components of its inventory and related gross profit.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2014
Inventories [Abstract]	'
Inventories	'
	(NOTE 6) - Inventories:
	Inventories are comprised of the following:
		March 31,		December 31,
		2014		2013
	Raw Materials	$	7,080,000	$	7,200,000
	Work-in-process		4,374,000		4,313,000
	Finished goods		329,000		290,000
	TOTAL	$	11,783,000	$	11,803,000

Marketable_Securities

Marketable Securities	3 Months Ended
	Mar. 31, 2014
Marketable Securities [Abstract]	'
Marketable Securities	'
	(NOTE 7) – Marketable Securities:
	The following is a summary of the Company’s available-for-sale marketable securities at March 31, 2014 and December 31, 2013:
						Unrealized
		Adjusted		Fair		Holding
	31-Mar-14	Cost		Value		Loss
	Corporate Bonds	$	243,000	$	239,000	$	(4,000	)
	31-Dec-13
	Corporate Bonds	$	250,000	$	243,000	$	(7,000	)

Fair_Value_of_Financial_Instru

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2014
Fair Value of Financial Instruments [Abstract]	'
Fair Value of Financial Instruments	'
	(NOTE 8) - Fair Value of Financial Instruments:
	ASC 820, Fair Value Measurements and Disclosures, requires disclosure that establishes a framework for measuring fair value in GAAP and expands disclosure about fair value measurements. This statement enables the reader of the financial statements to assess the inputs used to develop those measurements by establishing a hierarchy for ranking the quality and reliability of the information used to determine fair values. The statement requires that assets and liabilities carried at fair value will be classified and disclosed in one of the following three categories:
	Level 1: Quoted market prices in active markets for identical assets or liabilities.
	Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data.
	Level 3: Unobservable inputs that are not corroborated by market data.
	In determining the appropriate levels, the Company performs a detailed analysis of the assets and liabilities that are subject to ASC 820.
	The table below presents the balances, as of March 31, 2014 and December 31, 2013, of assets and liabilities measured at fair value on a recurring basis by level within the hierarchy.
	31-Mar-14	Total		Level 1		Level 2		Level 3
	Corporate Bonds	$	239,000	$	239,000	$	-	$	-
	31-Dec-13	Total		Level 1		Level 2		Level 3
	Corporate Bonds	$	243,000	$	243,000	$	-	$	-
	The Company’s only asset or liability that is measured at fair value on a recurring basis is marketable securities, based on quoted market prices in active markets and therefore classified as level 1 within the fair value hierarchy. The carrying value of cash and cash equivalents, accounts receivable, and accounts payable reasonably approximate their fair value due to their relatively short maturities. The fair value estimates presented herein were based on market or other information available to management. The use of different assumptions and/or estimation methodologies could have a significant effect on the estimated fair value amounts.

Business_Segments

Business Segments	3 Months Ended
	Mar. 31, 2014
Business Segments [Abstract]	'
Business Segments	'
	(NOTE 9) - Business Segments:
	The Company operates through two business segments, the Electronics Segment (or "Electronics Group") and the Power Units Segment (or "Power Group").  The Electronics Group is comprised of the Orbit Instrument Division and the Company’s Tulip Development Laboratory, Inc. (“TDL”) and Integrated Combat Systems (“ICS”) subsidiaries. The Orbit Instrument Division, TDL subsidiary, and beginning January 1, 2014, our TDL Division which conducts all operations of TDL that were moved to the Company’s Hauppauge, NY facility, are engaged in the design, manufacture and sale of customized electronic components and subsystems. ICS performs system integration for Gun Weapons Systems and Fire Control Interface, cable and harness assemblies, as well as logistics support and documentation. The Company's Power Group, through the Company's Behlman Electronics, Inc. subsidiary, is engaged in the design, manufacture and sale of distortion free commercial power units, power conversion devices and electronic devices for measurement and display.
	The Company’s reportable segments are business units that offer different products.  The reportable segments are each managed separately as they manufacture and distribute distinct products with different production processes.
	The following is the Company’s business segment information for the three month periods ended March 31, 2014 and 2013:
		Three Months Ended
		March 31,
		2014			2013
	Net sales:
	Electronics
	Domestic	$	2,767,000		$	2,837,000
	Foreign		137,000			351,000
	Total Electronics		2,904,000			3,188,000
	Power Units
	Domestic		2,053,000			3,072,000
	Foreign		50,000			200,000
	Total Power Units		2,103,000			3,272,000
	Intersegment Sales		-			(13,000	)
	Total	$	5,007,000		$	6,447,000
		Three Months Ended
		March 31,
		2014			2013
	Income (loss) before income tax provision:
	Electronics Group	$	(743,000	)	$	(467,000	)
	Power Group		(1,000	)		734,000
	General corporate expenses not allocated		(299,000	)		(307,000	)
	Interest expense		(11,000	)		(17,000	)
	Investment and other income, net		10,000			3,000
	Loss before income tax provision	$	(1,044,000	)	$	(54,000	)

Goodwill

Goodwill	3 Months Ended
	Mar. 31, 2014
Goodwill [Abstract]	'
Goodwill	'
	NOTE 10) - Goodwill:
	As of March 31, 2014 and December 31, 2013, the Company's goodwill consists of the following:
	Gross							Net
	Carrying		Accumulated		Accumulated			Carrying
	Value		Amortization		Impairment			Value
	$	9,798,000		-	$	(8,930,000	)	$	868,000

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2014
Income Taxes [Abstract]	'
Income Taxes	'
	(NOTE 11) – Income Taxes:
	For the three months ended March 31, 2014 and 2013, the Company recorded $18,000 and $26,000, respectively, of state income and minimum tax expense. As of March 31, 2014, the Company has no material uncertain tax positions. At March 31, 2014, the Company continued to record a full valuation allowance on its net deferred tax asset.

Equity

Equity	3 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Equity	'
	(NOTE 12) – Equity:
	On November 6, 2013, the Company’s Board of Directors authorized management to purchase up to $400,000 of its common stock pursuant to a buy back program. In conjunction with the buy back program, the Company’s Board of Directors authorized management to enter into a 10b5-1 Plan through which the Company was permitted to purchase up to $200,000 of its common stock. Management is authorized to repurchase up to the remaining $200,000 of common stock under the $400,000 buy back program outside of the 10b5-1 Plan. From November 6, 2013 to February 27, 2014, the Company purchased a total of approximately 58,000 shares of common stock for total cash consideration of approximately $200,000 for an average price of $3.46 per share.

Consolidation

Consolidation	3 Months Ended
	Mar. 31, 2014
Consolidation [Abstract]	'
Consolidation	'
	(NOTE 13) – Consolidation:
	In October 2013, the Company decided to consolidate the operations of its TDL subsidiary, located in Quakertown Pennsylvania, into its Orbit International Corp. facility located in Hauppauge, New York (“TDL Consolidation”). This decision was based on a number of factors, among them, TDL’s expiring lease in October 2014, the uneven revenue stream at TDL, the uncertainty surrounding defense spending related to budget discussions in Washington DC and the Company’s broader focus on cutting costs and promoting operating efficiencies. During the three months ended March 31, 2014, The Company incurred a $728,000 operating loss from its TDL subsidiary which included costs associated with the consolidation of its Quakertown facility including approximately $161,000 of accelerated non-cash amortization and depreciation expense. The Company expects to incur additional costs related to the TDL consolidation during the second quarter of 2014, albeit less than the first quarter.

Basis_of_Presentation_and_Summ1

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2014
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]	'
Cash Equivalents	'
	Cash Equivalents
	The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. The Company maintains cash in bank deposit accounts, which, at times, exceed federally insured limits.  The Company has not experienced any losses on these accounts.
Marketable Securities	'
	Marketable Securities
	The Company's investments are classified as available-for-sale securities and are stated at fair value, based on quoted market prices, with the unrealized gains and losses, net of income tax, reported in accumulated other comprehensive income (loss). Realized gains and losses are included in investment income. Any decline in value judged to be other-than-temporary on available-for-sale securities are included in earnings to the extent they relate to a credit loss. A credit loss is the difference between the present value of cash flows expected to be collected from the security and the amortized cost basis. The amount of any impairment related to other factors will be recognized in comprehensive income (loss). The cost of securities is based on the specific-identification method. Interest and dividends on such securities are included in investment income.
Allowance for Doubtful Accounts	'
	Allowance for Doubtful Accounts
	Accounts receivable are reported at their outstanding unpaid principal balances reduced by an allowance for doubtful accounts.  The Company estimates doubtful accounts based on historical bad debts, factors related to specific customers' ability to pay and current economic trends.  The Company writes off accounts receivable against the allowance when a balance is determined to be uncollectible.
Inventories	'
	Inventories
	Inventories, which consist of raw materials, work-in-process, and finished goods, are recorded at the lower of cost (average cost method and specific identification) or market. Inventories are shown net of any reserves relating to any potential slow moving or obsolete inventory.
Property and Equipment	'
	Property and Equipment
	Property and equipment is recorded at cost.  Depreciation and amortization of the respective assets are computed using the straight-line method over their estimated useful lives ranging from 3 to 10 years.  Leasehold improvements are amortized using the straight-line method over the remaining term of the lease or the estimated useful life of the improvement, whichever is less.
Long-Lived Assets	'
	Long-Lived Assets
	When impairment indicators are present, the Company reviews the carrying value of its long-lived assets in determining the ultimate recoverability of their unamortized values using future undiscounted cash flow analyses. In the event the future undiscounted cash flows of the long-lived asset are less than the carrying value, the Company will record an impairment charge for the difference between the carrying value and the fair value of the long-lived asset.
Goodwill	'
	Goodwill
	The Company records goodwill as the excess of purchase price over the fair value of identifiable net assets acquired. In accordance with Accounting Standards Codification (“ASC”) 350, goodwill is not amortized but instead tested for impairment on at least an annual basis. The Company, where appropriate, will utilize Accounting Standards Update (“ASU”) 2011-08 which allows the Company to not perform the two-step goodwill impairment test if it determines that it is not more likely than not that the fair value of the reporting unit is less than the carrying amount based on a qualitative assessment of the reporting unit. The Company’s annual goodwill impairment test is performed in the fourth quarter each year or when impairment indicators are present. If the goodwill is deemed to be impaired, the difference between the carrying amount reflected in the financial statements and the estimated fair value is recognized as an expense in the period in which the impairment occurs. In determining the recoverability of goodwill, assumptions are made regarding estimated future cash flows and other factors to determine the fair value of the assets.
Income Taxes	'
	Income Taxes
	The Company recognizes deferred tax assets and liabilities in accordance with ASC 740 based on the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Valuation allowances have been established to reduce deferred tax assets to the amount expected to be realized. The Company evaluates uncertain tax positions and accounts for such items in accordance with ASC 740-10. The Company is subject to federal income taxes and files a consolidated U.S. federal income tax return. In addition to the federal tax return, the Company files income tax returns in various state jurisdictions. The Company is subject to routine income tax audits in various jurisdictions and tax returns remain open to examination by such taxing authorities in accordance with their respective statutes.
Revenue and Cost Recognition	'
	Revenue and Cost Recognition
	The Company recognizes a substantial portion of its revenue upon the delivery of product. The Company recognizes such revenue when title and risk of loss are transferred to the customer and when: i) there is persuasive evidence that an arrangement with the customer exists, which is generally a customer purchase order, ii) the selling price is fixed and determinable, iii) collection of the customer receivable is deemed probable, and iv) we do not have any continuing obligations. However, for certain products, revenue and costs under larger, long-term contracts are reported on the percentage-of-completion method. For projects where materials have been purchased but have not been placed into production, the costs of such materials are excluded from costs incurred for the purpose of measuring the extent of progress toward completion. The amount of earnings recognized at the financial statement date is based on an efforts-expended method, which measures the degree of completion on a contract based on the amount of labor dollars incurred compared to the total labor dollars expected to complete the contract. When an ultimate loss is indicated on a contract, the entire estimated loss is recorded in the period the loss is identified. Costs and estimated earnings in excess of billings on uncompleted contracts represent an asset that will be liquidated in the normal course of contract completion, which at times may require more than one year. The components of cost and estimated earnings in excess of billings on uncompleted contracts are the sum of the related contract’s direct material, direct labor, manufacturing overhead and estimated earnings less accounts receivable billings.
Deferred Rent	'
	Deferred Rent
	The Company’s leases have escalation clauses which are recognized on a straight line basis over the life of the lease. The amounts are recorded in accrued expenses in the accompanying condensed consolidated financial statements
Comprehensive Income (loss)	'
	Comprehensive Income (loss)
	Comprehensive income (loss) consists of net income (loss) and unrealized gains and losses on marketable securities, net of tax. The Company has elected to present the components of net income, the components of other comprehensive income and total comprehensive income as a single continuous statement.

Stock_Based_Compensation_Table

Stock Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2014
Stock Based Compensation [Abstract]	'
Nonvested restricted stock activity	'
	The following table summarizes the Company's nonvested restricted stock activity for the three months ended March 31, 2014:
		Number of			Weighted-Average
		Shares			Grant-Date Fair Value
	Nonvested restricted stock at January 1, 2014		139,000		$	3.37
	Granted		-			-
	Vested		(18,000	)		3.23
	Forfeited		-			-
	Nonvested restricted stock at March 31, 2014		121,000		$	3.39
Stock option activity	'
	Stock option activity during the three months ended March 31, 2014, under all stock option plans is as follows:
							Average
					Weighted		Remaining
					Average		Contractual
		Number of			Exercise		Term
		Shares			Price		(in years)
	Options outstanding, January 1, 2014		114,000		$	3.08		1
	Granted		-			-		-
	Forfeited		-			-		-
	Exercised		-			-		-
	Options outstanding, March 31, 2014		114,000		$	3.08		1
	Outstanding exercisable at March 31, 2014		114,000		$	3.08		1
Nonvested stock option activity	'
	The following table summarizes the Company's nonvested stock option activity for the three months ended March 31, 2014:
		Number of			Weighted-Average
		Shares			Grant-Date Fair Value
	Nonvested stock options at January 1, 2014		14,000		$	1.02
	Granted		-			-
	Vested		(14,000	)	$	1.02
	Forfeited		-			-
	Nonvested stock options at March 31, 2014		-			-

Net_Loss_Per_Common_Share_Tabl

Net Loss Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2014
Net Loss Per Common Share [Abstract]	'
Computation of basic and diluted net loss per common share	'
	The following table sets forth the computation of basic and diluted net loss per common share:
		Three Months Ended
		March 31,
		2014		2013
	Denominator:
	Denominator for basic net loss per share - weighted-average common shares		4,379,000		4,487,000
	Effect of dilutive securities:
	Employee and directors stock options		-		-
	Unearned portion of restricted stock awards		-		-
	Denominator for diluted net loss per share - weighted-average common shares and assumed conversion		4,379,000		4,487,000

Inventories_Tables

Inventories (Tables)	3 Months Ended
	Mar. 31, 2014
Inventories [Abstract]	'
Composition of Inventories	'
	NOTE 6) - Inventories:
	Inventories are comprised of the following:
		March 31,		December 31,
		2014		2013
	Raw Materials	$	7,080,000	$	7,200,000
	Work-in-process		4,374,000		4,313,000
	Finished goods		329,000		290,000
	TOTAL	$	11,783,000	$	11,803,000

Marketable_Securities_Tables

Marketable Securities (Tables)	3 Months Ended
	Mar. 31, 2014
Marketable Securities [Abstract]	'
Available-for-sale marketable securities	'
	The following is a summary of the Company’s available-for-sale marketable securities at March 31, 2014 and December 31, 2013:
						Unrealized
		Adjusted		Fair		Holding
	31-Mar-14	Cost		Value		Loss
	Corporate Bonds	$	243,000	$	239,000	$	(4,000	)
	31-Dec-13
	Corporate Bonds	$	250,000	$	243,000	$	(7,000	)

Fair_Value_of_Financial_Instru1

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2014
Fair Value of Financial Instruments [Abstract]	'
Assets and liabilities measured at fair value on a recurring basis	'
	The table below presents the balances, as of March 31, 2014 and December 31, 2013, of assets and liabilities measured at fair value on a recurring basis by level within the hierarchy.
	31-Mar-14	Total		Level 1		Level 2		Level 3
	Corporate Bonds	$	239,000	$	239,000	$	-	$	-
	31-Dec-13	Total		Level 1		Level 2		Level 3
	Corporate Bonds	$	243,000	$	243,000	$	-	$	-

Business_Segments_Tables

Business Segments (Tables)	3 Months Ended
	Mar. 31, 2014
Business Segments [Abstract]	'
Schedule of segment reporting information	'
	The following is the Company’s business segment information for the three month periods ended March 31, 2014 and 2013:
		Three Months Ended
		March 31,
		2014			2013
	Net sales:
	Electronics
	Domestic	$	2,767,000		$	2,837,000
	Foreign		137,000			351,000
	Total Electronics		2,904,000			3,188,000
	Power Units
	Domestic		2,053,000			3,072,000
	Foreign		50,000			200,000
	Total Power Units		2,103,000			3,272,000
	Intersegment Sales		-			(13,000	)
	Total	$	5,007,000		$	6,447,000
		Three Months Ended
		March 31,
		2014			2013
	Income (loss) before income tax provision:
	Electronics Group	$	(743,000	)	$	(467,000	)
	Power Group		(1,000	)		734,000
	General corporate expenses not allocated		(299,000	)		(307,000	)
	Interest expense		(11,000	)		(17,000	)
	Investment and other income, net		10,000			3,000
	Loss before income tax provision	$	(1,044,000	)	$	(54,000	)

Goodwill_Tables

Goodwill (Tables)	3 Months Ended
	Mar. 31, 2014
Goodwill [Abstract]	'
Schedule of goodwill	'
	As of March 31, 2014 and December 31, 2013, the Company's goodwill consists of the following:
	Gross							Net
	Carrying		Accumulated		Accumulated			Carrying
	Value		Amortization		Impairment			Value
	$	9,798,000		-	$	(8,930,000	)	$	868,000

Basis_of_Presentation_and_Summ2

Basis of Presentation and Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended
	Mar. 31, 2014
Income Taxes [Abstract]	'
Uncertain tax positions	$0
Revenue and Cost Recognition [Abstract]	'
Period of warranty for all units shipped	'1 year
Minimum [Member]	'
Property, Plant and Equipment [Line Items]	'
Estimated useful life	'3 years
Maximum [Member]	'
Property, Plant and Equipment [Line Items]	'
Estimated useful life	'10 years

Stock_Based_Compensation_Detai

Stock Based Compensation (Details) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
	Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Number of stock-based employee compensation plans	1	'	'
Share-based compensation expense	$26,000	$28,000	'
Number of Shares [Roll Forward]	'	'	'
Options outstanding at beginning of year (in shares)	114,000	'	'
Granted (in shares)	0	'	'
Forfeited (in shares)	0	'	'
Exercised (in shares)	0	'	'
Options outstanding at end of year (in shares)	114,000	'	114,000
Options outstanding exercisable at end of year (in shares)	114,000	'	'
Weighted Average Exercise Price [Roll Forward]	'	'	'
Options outstanding at beginning of year (in dollars per share)	$3.08	'	'
Granted (in dollars per share)	$0	'	'
Forfeited (in dollars per share)	$0	'	'
Exercised (in dollars per share)	$0	'	'
Options outstanding at end of year (in dollars per share)	$3.08	'	$3.08
Options outstanding exercisable at end of year (in dollars per share)	$3.08	'	'
Average Remaining Contractual Term [Abstract]	'	'	'
Options outstanding at beginning of year	'1 year	'	'1 year
Granted	'0 years	'	'
Forfeited	'0 years	'	'
Exercised	'0 years	'	'
Options outstanding at end of year	'1 year	'	'1 year
Options outstanding and exercisable at end of year	'1 year	'	'
Aggregate intrinsic value of options outstanding	78,000	137,000	'
Aggregate intrinsic value of options exercisable	'	113,000	'
Stock Options [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Expiration period after date of grant	'10 years	'	'
Nonvested Stock Options [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Unvested portion of restricted stock (in shares)	0	'	'
Number of Shares [Roll Forward]	'	'	'
Nonvested awards at beginning of period (in shares)	14,000	'	'
Granted (in shares)	0	'	'
Vested (in shares)	-14,000	'	'
Forfeited (in shares)	0	'	'
Nonvested awards at end of period (in shares)	0	'	'
Weighted-Average Grant-Date Fair Value [Roll Forward]	'	'	'
Nonvested awards at beginning of period (in dollars per share)	$1.02	'	'
Granted (in dollars per share)	$0	'	'
Vested (in dollars per share)	$1.02	'	'
Forfeited (in dollars per share)	$0	'	'
Nonvested awards at end of period (in dollars per share)	$0	'	'
Restricted Stock Awards [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Vesting period for amortization of unearned compensation related to nonvested awards	'6 years	'	'
Unearned compensation cost associated with restricted stock awards	$345,000	'	'
Unvested portion of restricted stock (in shares)	121,000	149,000	'
Number of Shares [Roll Forward]	'	'	'
Nonvested awards at beginning of period (in shares)	139,000	'	'
Granted (in shares)	0	'	'
Vested (in shares)	-18,000	'	'
Forfeited (in shares)	0	'	'
Nonvested awards at end of period (in shares)	121,000	149,000	'
Weighted-Average Grant-Date Fair Value [Roll Forward]	'	'	'
Nonvested awards at beginning of period (in dollars per share)	$3.37	'	'
Granted (in dollars per share)	$0	'	'
Vested (in dollars per share)	$3.23	'	'
Forfeited (in dollars per share)	$0	'	'
Nonvested awards at end of period (in dollars per share)	$3.39	'	'
Restricted Stock Awards [Member] | Minimum [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Vesting period for amortization of unearned compensation related to nonvested awards	'7 years	'	'
Restricted Stock Awards [Member] | Maximum [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Vesting period for amortization of unearned compensation related to nonvested awards	'10 years	'	'

Debt_Details

Debt (Details) (USD $)	0 Months Ended	1 Months Ended	3 Months Ended					3 Months Ended
	Nov. 06, 2013	Apr. 30, 2014	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Nov. 15, 2012	Mar. 31, 2014	Mar. 31, 2014
		Subsequent Event [Member]	LIBOR [Member]	LIBOR [Member]	LIBOR [Member]	Line of Credit [Member]	Line of Credit [Member]	Line of Credit [Member]	Line of Credit [Member]
			Maturity Period of Libor 1 [Member]	Maturity Period of Libor 2 [Member]	Maturity Period of Libor 3 [Member]			Prime Rate [Member]	LIBOR [Member]
Debt Instrument [Line Items]	'	'	'	'	'	'	'	'	'
Borrowing capacity under line of credit facility	'	'	'	'	'	'	$6,000,000	'	'
Common stock authorized to be repurchased	400,000	'	'	'	'	400,000	'	'	'
Date of maturity of loan	'	'	'	'	'	1-Jul-15	'	'	'
Description of variable rate basis	'	'	'	'	'	'	'	'prime lending rate	'LIBOR
Variable interest rate (in hundredths)	'	'	'	'	'	'	'	3.25%	2.00%
Maturity period of loan	'	'	'30 days	'60 days	'90 days	'	'	'	'
Outstanding borrowings under line of credit facility	'	'	'	'	'	1,970,000	'	'	'
Interest rate (in hundredths)	'	'	'	'	'	2.16%	'	'	'
Minimum liquidity requirement for borrowing base	'	3,000,000	'	'	'	'	'	'	'
Minimum consolidated tangible net worth required to be maintained	'	$13,500,000	'	'	'	'	'	'	'

Net_Loss_Per_Common_Share_Deta

Net Loss Per Common Share (Details)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Denominator [Abstract]	'	'
Denominator for basic net loss per share - weighted-average common shares (in shares)	4,379,000	4,487,000
Effect of dilutive securities [Abstract]	'	'
Employee and director stock options (in shares)	0	0
Unearned portion of restricted stock awards (in shares)	0	0
Denominator for diluted net loss per share - weighted-average common shares and assumed conversion (in shares)	4,379,000	4,487,000
Stock Options [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Antidilutive securities excluded from computation of income (loss) per share (in shares)	114,000	178,000
Restricted Stock Awards [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Antidilutive securities excluded from computation of income (loss) per share (in shares)	121,000	149,000

Inventories_Details

Inventories (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Components of Inventories [Abstract]	'	'
Raw materials	$7,080,000	$7,200,000
Work-in-process	4,374,000	4,313,000
Finished goods	329,000	290,000
TOTAL	$11,783,000	$11,803,000

Marketable_Securities_Details

Marketable Securities (Details) (Corporate Bonds [Member], USD $)	Mar. 31, 2014	Dec. 31, 2013
Corporate Bonds [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Adjusted Cost	$243,000	$250,000
Fair Value	239,000	243,000
Unrealized Holding Loss	($4,000)	($7,000)

Fair_Value_of_Financial_Instru2

Fair Value of Financial Instruments (Details) (Recurring [Member], USD $)	Mar. 31, 2014	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Corporate Bonds	$239,000	$243,000
Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Corporate Bonds	239,000	243,000
Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Corporate Bonds	0	0
Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Corporate Bonds	$0	$0

Business_Segments_Details

Business Segments (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
	Segment
Business Segments [Abstract]	'	'
Number of business segments	2	'
Business segment information [Abstract]	'	'
Net sales	$5,007,000	$6,447,000
Income (Loss) before income tax provision:	'	'
Loss before income tax provision	-1,044,000	-54,000
Interest expense	-11,000	-17,000
Investment and other income, net	10,000	3,000
Electronics Group [Member]	'	'
Business segment information [Abstract]	'	'
Net sales	2,904,000	3,188,000
Income (Loss) before income tax provision:	'	'
Loss before income tax provision	-743,000	-467,000
Power Group [Member]	'	'
Business segment information [Abstract]	'	'
Net sales	2,103,000	3,272,000
Income (Loss) before income tax provision:	'	'
Loss before income tax provision	-1,000	734,000
Intersegment sales [Member]	'	'
Business segment information [Abstract]	'	'
Net sales	0	-13,000
General Corporate Not Allocated [Member]	'	'
Income (Loss) before income tax provision:	'	'
Loss before income tax provision	-299,000	-307,000
Domestic [Member] | Electronics Group [Member]	'	'
Business segment information [Abstract]	'	'
Net sales	2,767,000	2,837,000
Domestic [Member] | Power Group [Member]	'	'
Business segment information [Abstract]	'	'
Net sales	2,053,000	3,072,000
Foreign [Member] | Electronics Group [Member]	'	'
Business segment information [Abstract]	'	'
Net sales	137,000	351,000
Foreign [Member] | Power Group [Member]	'	'
Business segment information [Abstract]	'	'
Net sales	$50,000	$200,000

Goodwill_Details

Goodwill (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Goodwill [Abstract]	'	'
Gross Carrying Value	$9,798,000	$9,798,000
Accumulated Amortization	0	0
Accumulated Impairment	-8,930,000	-8,930,000
Net Carrying Value	$868,000	$868,000

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Income Taxes [Abstract]	'	'
State income and federal minimum tax expense	$18,000	$26,000
Material uncertain tax positions	$0	'

Equity_Details

Equity (Details) (USD $)	0 Months Ended	4 Months Ended
	Nov. 06, 2013	Feb. 27, 2014	Nov. 06, 2013
		Repurchase of Equity [Member]	Repurchase of Equity [Member]
Equity [Abstract]	'	'	'
Common stock authorized to be repurchased	$400,000	'	'
Equity, Class Of Treasury Stock [Line Items]	'	'	'
Common stock repurchased (in shares)	'	58,000	'
Payments for repurchase of common stock	'	200,000	'
Average purchase price of common stock repurchased (in dollars per share)	'	$3.46	'
Common stock authorized to be repurchased through plan, maximum	'	'	200,000
Common stock authorized to be repurchased outside the plan, maximum	'	'	$200,000

Consolidation_Details

Consolidation (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Restructuring Cost and Reserve [Line Items]	'	'
Operating loss	($1,044,000)	($54,000)
TDL [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Operating loss	-728,000	'
Accelerated non-cash amortization expense on leasehold improvements	$161,000	'