Capital Stock

12 Months Ended

Dec. 31, 2011

Capital Stock/Accumulated Other Comprehensive Loss [Abstract]

Capital Stock

11. Capital Stock

The Company’s Certificate of Incorporation, as amended, authorizes 4,000,000 shares of common stock and 1,000,000 shares of preferred stock, and 200,000 shares of preferred stock have been designated as Series A Junior Participating Preferred Stock. During 2011, the Company issued 26,313 shares of common stock as compensation to the directors and 11,580 shares as compensation to executive officers, and increased other capital by $19,207 representing compensation expense of $62,025. During 2010, the Company issued 33,942 shares of common stock as compensation to the directors and 19,149 shares as compensation to executive officers, and increased other capital by $22,425 representing a compensation expense of $75,516. As of December 31, 2011, 1,871,999 shares of common stock had been issued, of which 1,679,999 shares were outstanding, and zero shares of preferred stock were outstanding.