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Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Summary of basic and diluted net income per share

	Three Months Ended
	March 31,
	2013				2012
Basic income per share
Net Income for the period – numerator		$	303,055			$	4,681,691
Weighted average common stock outstanding – denominator			18,459,775				18,447,733
Net income per share		$	0.02			$	0.25
Diluted income per share
Net Income for the period – numerator		$	303,055			$	4,681,691
Weighted average common stock outstanding - denominator			18,459,775				18,447,733
Effect of dilution			-				-
Weighted average common stock outstanding - denominator			18,459,775				18,447,733
Diluted income per share		$	0.02			$	0.25

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- Definition

Tabular disclosure of the numerators and the denominators of the basic and diluted per-share (or per-unit) computations for income from continuing operations, including the effect that has been given to preferred dividends.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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