Note 7 - Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Weighted Average Number of Shares [Table Text Block]

Weighted Average Shares Outstanding

	2012			2011
Basic earnings per common share:
Net income applicable to common shareholders – basic	$	227,109		$	169,619
Portion allocable to common shareholders		99.2	%		99.2	%
Net income allocable to common shareholders		225,292			168,272
Weighted average basic shares outstanding		31,872,617			31,766,753
Basic earnings per share	$	0.01		$	0.01
Dilutive earnings per common share:
Net income allocable to common shareholders		225,292			168,272
Add: undistributed earnings allocated to participating securities		1,817			1,357
Numerator for diluted earnings per common share		227,109			169,619
Weighted average basic shares outstanding		31,872,617			31,766,753
Diluted effect:
Employee stock options		-			-
Conversion equivalent of dilutive Series B Convertible Preferred Stock		3,307,299			3,307,299
Conversion equivalent of dilutive Convertible Preferred Stock		255,000			255,000
Weighted average dilutive shares outstanding		35,434,916			35,329,052
Dilutive earnings per share	$	0.01		$	0.00

Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]

Percentage of Net Earnings Allocable to Common Shareholders Under Two-Class Method

	2012			2011
Numerator:
Weighted average participating common shares		31,872,617			31,766,753
Denominator:
Weighted average participating common shares		31,872,617			31,766,753
Add: Weighted average shares of Convertible Preferred Stock		255,000			255,000
Weighted average participating shares		32,127,617			32,021,753
Portion allocable to common shareholders		99.2	%		99.2	%