Stock Compensation Plans (Tables)

3 Months Ended

Mar. 31, 2013

Stock Compensation Plans [Abstract]

Activity in stock option plans

Activity in our stock option and incentive plans for the period from January 1, 2011 to March 31, 2013 is as follows.

	1998 Plan					2002 Plan					2012 Plan
	Number of Shares			Weighted Average Option Exercise Price		Number of Shares			Weighted Average Option Exercise Price		Number of Shares		Fair Market Value at Grant
Outstanding at January 1, 2011		89,750		$	12.83		574,800		$	9.12		-	$	-
Granted		-		$	-		179,000		$	2.45		-	$	-
Exercised		-		$	-		-		$	-		-	$	-
Cancelled		-		$	-		(129,100	)	$	14.29		-	$	-
Outstanding at January 1, 2012		89,750		$	12.83		624,700		$	6.15		-	$	-
Granted		-		$	-		181,500		$	4.40		-	$	-
Exercised		-		$	-		(33,104	)	$	3.86		-	$	-
Cancelled		(11,250	)	$	13.54		(70,499	)	$	12.45		-	$	-
Outstanding at January 1, 2013		78,500		$	12.73		702,597		$	5.17		-	$	-
Granted		-		$	-		-		$	-		100,000.00	$	5.54
Exercised		-		$	-		(6,101	)	$	3.16		-	$	-
Cancelled		-		$	-		(3,333	)	$	4.44		-	$	-
Outstanding at March 31, 2013		78,500		$	12.73		693,163		$	5.19		100,000.00	$	5.54

Maturity schedule of exercisable options outstanding

Options outstanding as of March 31, 2013 are exercisable as follows.

	1998 Plan				2002 Plan
Options Exercisable at:	Number of Shares		Weighted Average Option Exercise Price		Number of Shares		Weighted Average Option Exercise Price
March 31, 2013		77,800	$	12.73		336,357	$	5.19
December 31, 2013		700	$	12.73		138,426	$	5.19
December 31, 2014		-	$	12.73		141,480	$	5.19
December 31, 2015		-	$	12.73		76,900	$	5.19
December 31, 2016		-	$	12.73		-	$	5.19
December 31, 2017		-	$	12.73		-	$	5.19
Thereafter		-	$	12.73		-	$	5.19
Total options exercisable		78,500				693,163

Assumptions used to estimate the fair value of options granted

 The fair value of options granted is estimated on the date of grant using the following assumptions.

	March 31, 2013	March 31, 2012
Dividend yield	N/A	N/A
Expected volatility	N/A	N/A
Risk-free interest rate	N/A	N/A
Expected life (in years)	N/A	N/A

Summary of non-expired stock option plans outstanding

Summary information about the Company's stock option and incentive plans at March 31, 2013 is as follows.

					Weighted Average		Weighted
	Range of		Outstanding at		Contractual		Average		Exercisable at
	Exercise Price		March 31, 2013		Periods in Years		Exercise Price		March 31, 2013
1998 Plan	$	8.67 - $16.59		78,500		0.47	$	12.73		77,800
2002 Plan	$	2.45 - $13.24		693,163		5.57	$	5.19		336,357