Stock-based Compensation (Tables)

3 Months Ended

Jun. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of the grant-date fair value of stock options granted and the related assumptions used in the Binomial models for stock options granted

	Three Months Ended
	June 30
	2013			2012
Grant-date fair value	$	4.75			-
Volatility factor		77.01	%		-
Dividend yield		-			-
Risk-free interest rate		1.74	%		-
Expected term (in years)		7			-

Summary of activity of stock options

	Number of Shares		Weighted Average Exercise Price Per Share		Weighted Aggregate Average Remaining Contract Life in Years		Intrinsic Value
Outstanding at March 31, 2013		80,000	$	6.52		8.03	$	-
Granted		35,000		5.98
Exercised		-		-
Forfeited or Expired		-		-
Outstanding at June 30, 2013		115,000	$	6.35		8.40	$	-
Vested at June 30, 2013		30,000	$	6.42		7.57	$	-
Exercisable at June 30, 2013		30,000	$	6.42		7.57	$	-

Summary information about options outstanding at June 30, 2013

Range of Exercise Prices		Number of Options		Weighted Average Exercise Price Per Share		Weighted Average  Remaining Contract Life in  Years		Aggregate Intrinsic Value
	5.98 – 6.29		75,000		6.11
	6.30 – 6.80		40,000		6.80
$	5.98 – 6.80		115,000	$	6.35		8.40	$	-