Question-and-Answer Session
(Operator instructions) Our first question comes from the line of Todd Van Fleet from First Analysis. Please go ahead.
Todd Van Fleet – First Analysis
Hi, good morning, guys. I just wanted to clarify, I think you had talked a little bit to the one-time items in Q4. Where do they show up in the P&L?
John Nieser
Todd, the settlement of claim would have been in operating expenses, and then the life insurance would have been in G&A.
Todd Van Fleet – First Analysis
Okay. So G&A, I guess, is up pretty considerably from Q3 anyway. (inaudible) trying to recall us, was this something weighing on Q3 in terms of SG&A?
John Nieser
Well, I think what we talked about – the biggest thing that we saw in the fourth quarter is really two pieces. One, we had some overall higher professional expenses, but also the bigger piece would have been in the fourth quarter, is the expense related to our FAS 123 performance-based awards and some other incentive compensation accruals that were required.
Todd Van Fleet – First Analysis
Okay. With respect to RCC then, James, what's the latest on RCC? With new budget dollars prospectively coming flowing into the BOP, is that going to help you, maybe help the outlook there? Or what's on the horizon in terms of getting those incremental beds filled up?
James Hyman
Sure. There are two missions that the RCC serves the federal government today. One is US Marshalls, sort of normal detention in the area, and that's for the surrounding geography in New Mexico, even stretching down in some cases down to the border in El Paso. And secondly, with the Bureau of Prisons mission for inmates with sentences less than a year. Both of those missions have the potential to expand.
We are also marketing the facility to other customers, and the combination of what we see as sort of demand from the existing customers, other things that we're working on, the remaining – this is sort of from last year of the US Marshall's idea of a JPATS hub trial gives us comfort that we think we'll be able to put into our guidance the ramp up to sort of 850 by the end of the year.
Todd Van Fleet – First Analysis
Okay. I guess that's encouraging. Two other quick ones before I hop off. On the minority interest, 360,000 a quarter, that's going to continue to increase every quarter moving forward. And maybe you can tell us what you're assuming in 2009 for the full year charge?
John Nieser
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