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Stock options (Tables)
12 Months Ended
Dec. 31, 2012
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]

The fair value of stock options is estimated on the date of grant using the Black-Scholes option pricing model. The weighted average fair values of the options granted and weighted average assumptions are as follows:

 

    For the Years Ended December 31,  
    2012     2011     2010  
                   
Weighted average fair value of options granted   $ 2.32     $ 1.61     $ 3.04  
                         
Risk-free interest rate     0.65%-0.74%       0.9%-2.8%       2.5%-3.2%  
Expected life (years)     5       5-8       8  
Expected volatility factor     69 %     68%-74%       90 %
Expected dividends     None       None       None
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of option activity under the Plans as of December 31, 2012, and changes during the year then ended is presented below:

 

    Number of Options     Weighted-Average
Exercise Price
    Weighted-Average Remaining
Contractual Term (years)
    Aggregate Intrinsic
Value
 
                         
Outstanding at January 1, 2012     3,478,329     $ 2.73                  
Granted     90,000     $ 4.19                  
Exercised     (231,772 )   $ 3.21                  
Forfeited/Expired     (350,500 )   $ 2.64                  
Outstanding at December 31, 2012     2,986,057     $ 2.75       4.34     $ 3,229,575  
Exercisable at December 31, 2012     1,426,057     $ 2.74       2.39     $ 1,607,575  
Vested and expected to vest at                                
December 31, 2012     2,986,057     $ 2.75       4.34     $ 3,229,575
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

A summary of restricted shares under the Company’s stock option plans as of December 31, 2012, and changes during the period then ended, are presented below:

 

    Number of Shares     Weighted-Average Grant
Date Fair Value
 
             
Unvested at January 1, 2012     60,000     $ 3.49  
Granted     -       -  
Vested     (27,500 )     3.90  
Forfeited/Expired           -  
Unvested at December 31, 2012     32,500     $ 3.14