EARNINGS (LOSS) PER SHARE

3 Months Ended

Mar. 31, 2013

EARNINGS (LOSS) PER SHARE [Abstract]

EARNINGS (LOSS) PER SHARE

5. EARNINGS (LOSS) PER SHARE

The Company computes basic Earnings (Loss) Per Share ("EPS") based solely on the weighted average number of shares of its common stock outstanding during the period in accordance with authoritative guidance issued by the FASB. Diluted EPS reflects all potential dilution of common stock. For the three months ended March 31, 2013 and 2012, 850,000 and 0, respectively, shares attributable to outstanding options, were excluded from the calculation of diluted EPS because the effect was antidilutive.