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Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 2012
Officer and Employee Plans [Member]
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of the status of these stock option plans is presented in the following table:

 

                Weighted-      
                Average      
          Weighted     Contractual      
          Average     Remaining   Aggregate  
          Exercisable     Term   Intrinsic  
    Number     Price     (in years)   Value  
Outstanding at December 31, 2011     572,600     $ 4.63     5.7  Years   $ -  
Granted     202,000       1.65     9.7 Years        
Exercised     -       -              
Forfeited     44,800       3.37              
Outstanding at June 30, 2012     729,800     $ 3.89     6.7 Years   $ 135,270  
Options exercisable at June 30, 2012     297,980     $ 6.93  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The weighted average grant date fair value of all stock options granted during the six months ended June 30, 2012 was $0.78. This was determined using the Black-Scholes option-pricing model with the following weighted-average assumptions:

 

Dividend yield     0.0 %
Expected life     7.0 Years  
Expected volatility     44.62 %
Risk-free interest rate     1.44 %
Board Of Directors Plan [Member]
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

A summary of the status of this stock option plan is presented in the following table:

 

                Weighted-      
                Average      
          Weighted     Contractual      
          Average     Remaining   Aggregate  
          Exercisable     Term   Intrinsic  
    Number     Price     (in years)   Value  
Outstanding at December 31, 2011     55,250     $ 5.98     4.9 Years   $ -  
Granted     90,000       1.65     9.7 Years        
Exercised     -        -              
Forfeited     -       -              
Outstanding at June 30, 2012     145,250     $ 3.30     7.7 Years   $ 30,600  
Options exercisable at June 30, 2012     55,250     $ 5.98