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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Accounting Policies [Abstract]  
Schedule of Weighted Average Number of Shares [Table Text Block]

The numerator in calculating both basic and diluted earnings per common share for each year is the reported net income. The denominator is based on the following weighted average number of common shares:

 

    Years ended
December 31,
 
    2012     2011  
Basic weighted average common shares outstanding     4,320,050       3,634,048  
Incremental shares for assumed exercise of options     6,279       12,026  
Diluted weighted average common shares outstanding     4,326,329       3,646,074