Stock-Based Compensation; Changes in Equity (Tables)

6 Months Ended

Jun. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of the Company’s stock option activity and related information is as follows:

	Shares under Option		Weighted Average Exercise Price		Weighted Average Contractual Life		Aggregate Intrinsic Value
Balance at December 31, 2012		218,500	$	5.21		3.5	$	63,130
Granted		-		-
Cancelled		-		-
Exercised		-		-
Outstanding at June 30, 2013		218,500	$	5.21		3.5	$	63,130
Exercisable at June 30, 2013		71,468	$	4.45		3.1	$	63,130

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

A summary of the Company’s stock warrant activity and related information is as follows:

	Shares under Warrant		Weighted Average Exercise Price		Weighted Average Contractual Life		Aggregate Intrinsic Value
Balance at December 31, 2012		140,048	$	0.01		9.5	$	721,247
Granted		-		-
Cancelled		-		-
Exercised		-		-
Outstanding at June 30, 2013		140,048	$	0.01		9.0	$	701,640
Exercisable at June 30, 2013		-		-		-		-

Schedule Of Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding By Grant Date [Table Text Block]

A summary of the Company’s stock option activity by grant date as of June 30, 2013 is as follows:

	Options Outstanding								Options Vested
Options by Grant Date	Shares		Weighted Avg.		Remain. Life		Intrinsic Val		Shares		Weighted Avg.		Remain. Life		Intrinsic Val
Dec 2005		29,500	$	2.88		2.5	$	63,130		29,500	$	2.88		2.5	$	63,130
Dec 2010		72,000		6.14		2.5		-		17,500		5.97		2.5		-
Jan 2011		8,000		5.96		2.5		-		2,668		5.96		2.5		-
Nov 2012		109,000		5.17		4.4		-		21,800		5.17		4.4		-
TOTAL		218,500	$	5.21		3.5	$	63,130		71,468	$	4.45		3.1	$	63,130