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6. STOCK BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2013
Stock Based Compensation Tables  
Value of outstanding stock options

The following table presents information related to the value of outstanding stock options for the period shown:

 

    Three months ended  
    March 31, 2013  
    Weighted Average Exercise  
    Shares     Price  
             
Outstanding at beginning of period     311,200     $ 3.76  
Granted     -       -  
Exercised     -       -  
Forfeited     -       -  
                 
Outstanding at end of period     311,200     $ 3.76  
                 
Vested options at end of period     223,200     $ 3.99