EQUITY (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Stock Option Activity

	Year ended December 31,
	2012					2011					2010
				Weighted					Weighted					Weighted
				average					Average					average
	Amount			exercise		Amount			exercise		Amount			exercise
	of options			price		of options			price		of options			price
Options outstanding at beginning of year		321,016		$	6.28		168,500		$	3.49		189,125		$	3.45
Granted		-		$	-		256,984		$	6.91		3,000		$	7.00
Exercised		(1,500	)	$	3.14		(88,468	)	$	3.14		(18,250	)	$	3.14
Forfeited		(47,532	)	$	3.48		(16,000	)	$	4.46		(5,375	)	$	5.30
Options outstanding at end of year		271,984		$	6.81		321,016		$	6.28		168,500		$	3.49
Options exercisable at end of year		158,824		$	6.81		56,532		$	3.68		131,125		$	3.45

Summary of Information by Exercise Price Range

		Options outstanding						Options exercisable
Range of exercise price		Number outstanding at December 31, 2012		Weighted average remaining contractual life		Weighted average exercise price		Number exercisable at December 31, 2012		Weighted average exercise price
				Years
	3.14		6,000		1.15	$	3.14		4,250	$	3.14
	4.80		10,000		3.67	$	4.80		2,500	$	4.80
	5.71		6,000		0.52	$	5.71		6,000	$	5.71
	7.00		249,984		3.08	$	7.00		146,074	$	7.00
			271,984		3.01	$	6.81		158,824	$	6.81