Other Comprehensive (Loss) Income

12 Months Ended

Dec. 31, 2011

Stockholders Equity Note [Abstract]

Comprehensive Income (Loss) Note [Text Block]

5. Other Comprehensive (Loss) Income

The following table sets forth the tax effects of components of other comprehensive (loss) income and the accumulated balance of other comprehensive (loss) income and each component.

Tax Effects Allocated to Each Component of Other Comprehensive (Loss) Income
for the years ended December 31, 2011 and 2010
		Tax
	Before-Tax	(Expense)	Net-of-Tax
	Amount	or Benefit	Amount
2011
Foreign currency translation adjustments	$      (692,881)	$                -	$      (692,881)
Unrealized gain on derivative instruments	-	-	-
Other comprehensive loss	$      (692,881)	$                -	$      (692,881)
		Tax
	Before-Tax	(Expense)	Net-of-Tax
	Amount	or Benefit	Amount
2010
Foreign currency translation adjustments	$          22,029	$                -	$             22,029
Unrealized gain on derivative instruments	188,615	-	188,615
Other comprehensive income	$        210,644	$                -	$           210,644
Accumulated Other Comprehensive (Loss) Income Balances as of December 31, 2011
			Accumulated
	Foreign	Unrealized	Other
	Currency	Gain (Loss) on	Comprehensive
	Items	Derivatives	Income (Loss)
Beginning balance	$     (1,592,798)	$                -	$     (1,592,798)
Current period change	(692,881)	-	(692,881)
Ending balance	$     (2,285,679)	$                -	$     (2,285,679)
Accumulated Other Comprehensive (Loss) Income Balances as of December 31, 2010
			Accumulated
	Foreign	Unrealized	Other
	Currency	Gain (Loss) on	Comprehensive
	Items	Derivatives	Income (Loss)
Beginning balance	$    (1,614,827)	$      (188,615)	$       (1,803,442)
Current period change	22,029	188,615	210,644
Ending balance	$     (1,592,798)	$            -	$        (1,592,798)

For the years ended December 31, 2011 and 2010, no tax benefit has been recorded on the foreign currency translation adjustments, as such amounts would result in a deferred tax asset and the associated long-term intercompany balances are not currently expected to be repaid in the foreseeable future.