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Shareholders' Equity
 9 Months Ended
Sep. 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 nine months ended September 30, 2014, the Company repurchased 116 shares of common stock under authorized programs, for a total cost of $63,405. The cumulative shares repurchased under authorized programs as of September 30, 2014 are 4,175 for a total cost of $673,495. As of September 30, 2014, $126,800 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.