Related Party Transactions

9 Months Ended

Sep. 30, 2012

Related Party Transactions [Abstract]

Related Party Transactions

K. Related Party Transactions

At September 30, 2012, the Company had $9,484,000 of cash and cash equivalents compared with $13,709,000 at December 31, 2011.  Of this amount, $6,738,000 at September 30, 2012, compared with $10,087,000 at December 31, 2011, was invested in United States Treasury money market funds for which an entity controlled by a 10% stockholder and for which a Director of the Company serves as a Director, serves as the investment manager. The fund transactions in 2012 and 2011 are directed at the discretion of Company management and carried out by the related party.