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Long Term Retention Plan (Tables)
6 Months Ended
Jun. 30, 2013
Compensation And Retirement Disclosure [Abstract]  
Long Term Retention Plans Accrued Compensation Expense

The following table summarizes the 2009, 2010, 2011 and 2012 Long Term Retention Plans (LTRP) accrued compensation expense for the six and three-month periods ended June 30, 2013 and 2012:

 

     Six Months Ended June 30,      Three Months Ended June 30,  
     2013      2012      2013      2012(*)  

LTRP 2009

   $ 1,117,678       $ 179,924       $ 709,758       $ (497,895

LTRP 2010

     1,017,936         532,918         624,140         (51,239

LTRP 2011

     1,006,713         686,876         595,513         119,814   

LTRP 2012

     1,155,216         792,088         657,381         359,637   

 

(*) The negative amount included in the table above represents a gain, mainly as a consequence of the changes in the share prices of the Company.