3. Recently Issued Accounting Pronouncements

3 Months Ended

Jun. 30, 2012

3. Recently Issued Accounting Pronouncements:

3. Recently Issued Accounting Pronouncements

3.         RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

No new accounting pronouncements issued or effective during the six months ended June 30, 2012 has had or is expected to have a material impact on the consolidated financial statements.