text: **15. Subordinated Debentures**
  
  The Company’s $10.0 million of unsecured subordinated debentures expired, and were repaid, on January 4, 2013 and consisted 
  of three tranches of $2.5 million, $2.5 million and $5.0 million, bearing interest at 5.92%, 6.06% and 6.33%, respectively. Related 
  warrants associated with the subordinated debentures also expired on January 4, 2013. 