13. Stock-based Compensation Plans: Disclosure of Share-based Compensation Arrangements by Share-based Payment Award (Tables)

12 Months Ended

Dec. 31, 2012

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

	Year ended December 31, 2012			Year ended December 31, 2011
	Shares	Weighted Average Exercise Price	Aggregate Intrinsic Values	Shares	Weighted Average Exercise Price	Aggregate Intrinsic Values
Outstanding at beginning of period	313,000	$ 2.11	$ 7,650	293,750	$ 2.18	$ 11,800
Granted	70,000	1.24	-	40,000	1.83	-
Forfeited	(66,000)	2.44	-	(3,750)	2.25	-
Exercised	-	-	-	(10,000)	1.01	-
Expired or terminated	-	-	-	(7,000)	5.00	-
Outstanding at end of year	317,000	$ 1.85	$ -	313,000	$ 2.11	$ 7,650
Exercisable at end of year	317,000	$ 1.85	$ -	313,000	$ 2.11	$ 7,650
Weighted average fair value per share of options issued during the year		$ 1.18			$ 1.28

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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