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Shareholders' Equity
6 Months Ended
Jun. 30, 2014
Shareholders' Equity [Abstract]  
Shareholder's Equity

4. Shareholders’ Equity

The Company has announced authorizations by its Board of Directors of repurchases of shares of common stock, which in the aggregate authorized expenditures of up to $800,000. Under the remaining repurchase authorization, shares may be purchased from time to time in open market transactions, subject to market conditions.

During the six months ended June 30, 2014, the Company repurchased 96 shares of common stock under authorized programs, for a total cost of $50,292. The cumulative shares repurchased under authorized programs as of June 30, 2014 are 4,155 for a total cost of $660,381. As of June 30, 2014, $139,913 was available to repurchase shares under the current repurchase authorizations. The shares are being held in treasury stock until such time as they are reissued or retired at the discretion of the Board of Directors.