EARNING (LOSS) PER SHARE

12 Months Ended

Dec. 31, 2012

EARNING (LOSS) PER SHARE [Abstract]

LOSS PER SHARE

9. EARNING (LOSS) PER SHARE

The Company computes basic EPS based solely on the weighted average number of common shares outstanding during the period. Diluted EPS reflects all potential dilution of common stock. For the year ended December 31, 2010, 290,000 shares attributable to the outstanding options, were excluded from the calculation of diluted EPS because the effect was antidilutive.  No shares were excluded from the calculation for the years ended December 31, 2012 and 2011.