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STOCK OPTION ACTIVITY (Tables) | 12 Months Ended
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Dec. 31, 2012
Stock option activity |
Stock option activity | A summary of stock option activity as of December 31, 2012, and changes during the year then ended is presented below:
|  |  |  |  | Weighted- |  |
|  |  | Weighted- |  | Average |  |
|  |  | Average |  | Remaining |  | Aggregate
|  |  | Exercise |  | Contractual |  | Intrinsic
| Shares |  | Price |  | Term (Years) |  | Value
Outstanding at December 31, 2011 | 310,000 |  | $ 3.03 |  |  |  |
Forfeited | (50,000) |  | 2.54 |  |  |  |
Expired | (235,000) |  | 3.19 |  |  |  |
Outstanding at December 31, 2012 | 25,000 |  | $ 2.54 |  | 0.40 |  | $ -
Exercisable at December 31, 2012 | 25,000 |  | $ 2.54 |  | 0.40 |  | $ -

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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Topic 718 -SubTopic 10 -Publisher FASB -Number -Article -Subparagraph (c)(1) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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