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Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2013
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Disclosure of Share-based Payment Awards [Table Text Block]

The following summarizes the changes in common stock options for the three months ended March 31, 2013:

 

   

 

 

Options

   

Weighted

Average

Exercise

Price

 
Outstanding at December 31, 2012     3,898,198     $ 1.75  
Granted     150,000     $ 1.00  
Exercised              N/A  
Forfeited              N/A  
Expired              N/A  
Outstanding at March 31, 2013     4,048,198     $ 1.72  
                 
Options exercisable at March 31, 2013     1,888,198     $ 1.53