Earnings Per Common Share (Table)

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three Months Ended						Six Months Ended
	June 30, 2012			June 30, 2011			June 30, 2012			June 30, 2011
Net Income (loss)	$	(23,106,239	)	$	(1,438,278	)	$	(40,539,768	)	$	(7,248,559	)
Weighted Average Shares – Basic*		15,880,392			15,642,830			15,815,594			15,641,477
Dilutive effect of stock options and restricted stock units		—			—			—			—
Weighted Average Shares – Diluted*		15,880,392			15,642,830			15,815,594			15,641,477
Basic loss Per Share*	$	(1.46	)	$	(0.09	)	$	(2.56	)	$	(0.46	)
Diluted loss Per Share*	$	(1.46	)	$	(0.09	)	$	(2.56	)	$	(0.46	)

*Adjusted to give effect to the 1 for 4 reverse stock split that became effective on May 22, 2012, see Note 1.