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LOSS PER SHARE
12 Months Ended
Dec. 31, 2011
LOSS PER SHARE [Abstract]  
LOSS PER SHARE
10. LOSS PER SHARE

The Company computes basic EPS based solely on the weighted average number of common shares outstanding during the period in accordance with authoritative guidance issued by the FASB. Diluted EPS reflects all potential dilution of common stock. For the years ended December 31, 2011, 2010 and 2009, 0, 290,000 and 770,250 shares, respectively, attributable to the outstanding options, were excluded from the calculation of diluted EPS because the effect was antidilutive.