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STOCK REPURCHASE PROGRAM | 12 Months Ended
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Dec. 31, 2012
Share Repurchase Program Disclosure [Abstract] |
Share Repurchase Program Disclosure [Text Block] |
15. | STOCK REPURCHASE PROGRAM
In April 1998, the Company’s Board of Directors first authorized a stock repurchase program to purchase shares of its common stock in open market transactions at prevailing prices. In 2012, the Company purchased 285,422 shares at a total cost of $6.6 million through its stock repurchase program. In 2011, the Company purchased 175,606 shares at a total cost of $4.0 million through its stock repurchase program and 400,319 shares at a total cost of $9.0 million in a private transaction. In 2010, the Company purchased 101,192 shares at a total cost of $2.3 million through its stock repurchase program. At December 31, 2012, the Company was authorized to purchase an additional 824,000 shares under the program.

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- Definition The entire disclosure for an entity's stock repurchase program, including the description of share repurchase program authorized by an entity's board of directors, the number of shares repurchased, the cost of the shares repurchased, and the remaining maximum number of shares available for repurchase under the program. + References No definition available. + Details
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