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Basic and Diluted Average Shares
 9 Months Ended
Sep. 30, 2013
Basic and Diluted Average Shares [Abstract]  
Basic and Diluted Average Shares
(5) Basic and Diluted Average Shares

 

A reconciliation of basic and diluted average common shares for the three months and nine months ended September 30, 2013 and 2012 is as follows:

 

    For the Three Months Ended
September 30,		     For the Nine Months Ended
September 30,		  
    2013     2012     2013     2012  
                         
Basic weighted average shares     12,175,584       12,175,287       12,175,584       12,175,287  
Effect of potential dilutive securities:                                
Stock options     -       -       -       -  
Diluted  weighted average shares     12,175,584       12,175,287       12,175,584       12,175,287  

 

For the three and nine months ended September 30, 2013 and 2012, options to purchase approximately 5,372,500 shares of common stock were not added to the diluted average shares because inclusion of such shares would be antidilutive.