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EARNINGS/(LOSS) PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Reconciliation [Table Text Block]

The following table provides information relating to the calculation of earnings/(loss) per common share.

 

(In thousands, except per share data)   2012     2011     2010  
                         
Net loss   $ (9,638 )   $ (897 )   $ (1,667 )
                         
Weighted average shares outstanding – basic     8,457       8,451       8,442  
                         
Dilutive effect of common stock equivalents     -       -       -  
                         
Weighted average shares outstanding – diluted     8,457       8,451       8,442  
                         
Loss per common share – basic   $ (1.14 )   $ (0.11 )   $ (0.20 )
                         
Loss per common share – diluted   $ (1.14 )   $ (0.11 )   $ (0.20 )