Other Related Party Transactions

6 Months Ended

Jun. 30, 2012

Other Related Party Transactions [Abstract]

OTHER RELATED PARTY TRANSACTIONS

NOTE I — OTHER RELATED PARTY TRANSACTIONS

During the three months ended June 30, 2012 and 2011, Steven C. Jones, a director of the Company, earned approximately $52,500 and $50,000, respectively, for various consulting work performed in connection with his duties as Executive Vice President of Finance. During the six months ended June 30, 2012 and 2011, he earned approximately $102,500 and $101,000, respectively, for various consulting work performed in connection with his duties as Executive Vice President of Finance. Mr. Jones also received $55,000 and $6,000 for the six months ended June 30, 2012 and 2011 as payment of his annual bonus compensation for the previous fiscal year.