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Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2013
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
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
 
47.60
%
Risk-free interest rate
 
1.23
%
Officer and Employee Plans [Member]
 
Schedule of Share-based Compensation, Stock Options and Stock Appreciation Rights Award 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, 2012
 
670,300
 
$
3.86
 
6.2 Years
 
$
232,900
 
Granted
 
203,000
 
 
2.37
 
9.4 Years
 
 
 
 
Exercised
 
-
 
 
-
 
 
 
 
 
 
Forfeited
 
(57,475)
 
 
(3.51)
 
 
 
 
 
 
Outstanding at September 30, 2013
 
815,825
 
$
3.51
 
6.8 Years
 
$
207,030
 
Options exercisable at September 30, 2013
 
305,525
 
$
6.13
 
 
 
 
 
 
Board Of Directors Plan [Member]
 
Schedule of Share-based Compensation, Stock Options and Stock Appreciation Rights Award Activity [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, 2012
 
145,250
 
$
3.30
 
7.2 Years
 
$
57,600
 
Granted
 
45,000
 
 
2.37
 
9.4 Years
 
 
 
 
Exercised
 
-
 
 
-
 
 
 
 
 
 
Forfeited
 
-
 
 
-
 
 
 
 
 
 
Outstanding at September 30, 2013
 
190,250
 
$
3.08
 
7.1 Years
 
$
52,200
 
Options exercisable at September 30, 2013
 
100,250
 
$
4.04