Note 15 - Recent Accounting Pronouncements

3 Months Ended

Mar. 31, 2012

Description of New Accounting Pronouncements Not yet Adopted [Text Block]

15. Recent Accounting Pronouncements

On January 1, 2012, the Company adopted ASU 2011-05, “Presentation of Comprehensive Income,” which improves the comparability of financial reporting and ensures that U.S. generally accepted accounting principles are aligned with International Accounting Standards.  The adoption of ASU 2011-05 did not have a material impact on the Company’s financial position and results of operations.