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Basic and Diluted Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Basis and Diluted Earnings Per Share [Abstract]  
Summary of basic and diluted common shares outstanding

Basic and diluted common shares outstanding are summarized as follows:

 

                 
    Three Months Ended
March 31,
 
    2013     2012  

Weighted average number of basic common shares outstanding

    7,022,272       9,874,857  

Effect of dilutive securities

    0       0  
   

 

 

   

 

 

 

Weighted average number of diluted common shares outstanding

    7,022,272       9,874,857