Stock Based Compensation (Tables)

9 Months Ended

Sep. 30, 2012

Stock Based Compensation [Abstract]

Stock option activity

Stock option activity during the nine months ended September 30, 2012, under all stock option plans is as follows:

						Average
				Weighted		Remaining
				Average		Contractual
	Number of			Exercise		Term
	Shares			Price		(in years)
Options outstanding, January 1, 2012		250,000		$	4.03		2
Granted		-			-		-
Forfeited		(9,000	)		4.42		-
Exercised		-			-		-
Options outstanding, September 30, 2012		241,000		$	4.01		2
Outstanding exercisable at September 30, 2012		212,000		$	4.28		2

Nonvested stock option activity

The following table summarizes the Company's nonvested stock option activity for the nine months ended September 30, 2012:

	Number of		Weighted-Average
	Shares		Grant-Date Fair Value
Nonvested stock options at January 1, 2012		43,000	$	1.02
Granted		-		-
Vested		14,000		1.02
Forfeited		-		- .
Nonvested stock options at September 30, 2012		29,000	$	1.02