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Earnings (Loss) Per Share (EPS) (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Reconciliation of Basic Weighted Shares Outstanding to Diluted Weighted Average Shares Outstanding

Following is the computation of basic and diluted net income (loss) per share for the three and nine month periods ended September 30, 2012 and 2011:

 

    Three Months Ended September 30     Nine Months Ended September 30  
    2012     2011     2012     2011  
                         
Basic weighted average shares outstanding     63,075,122       63,075,122       63,075,122       63,075,122  
                                 
Effect of dilutive securities - warrants     -       1,426,251       -       1,390,681  
                                 
Diluted weighted average shares outstanding     63,075,122       64,501,373       63,075,122       64,465,803