STOCK-BASED EMPLOYEE COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2012

Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]

Stock Option Activity

The following information is presented post reverse split for the stock option activity for the year ended December 31, 2012:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contract Life		Aggregate Intrinsic Value
Outstanding at December 31, 2010		293,372		$	7.45		8.37 Years	$	66,544
Exercised		(1,000	)	$	5.70
Expired		(33,073	)	$	2.81
Forfeited		-		$	-
Granted		-		$	-
Outstanding at December 31, 2011		259,299		$	7.75		7.69 Years	$	-
Exercised		-		$	-
Expired		(3,000	)	$	5.33
Forfeited		-		$	-
Granted		425,842		$	5.68		6.00 Years
Outstanding at December 31, 2012		682,141		$	6.47		8.52 Years	$	88,000
Outstanding exercisable at December 31, 2012		262,952		$	7.31		6.98 Years	$	9,252

Summary Of Weighted Average Fair Value Of Warrants and Options Granted

The weighted average fair value of warrants and options granted during the periods are as follows:

	2012		2011
Exercise price lower than the market price	$	-	$	-
Exercise price equaled the market price		$ 4.56 - $4.58	$	-
Exercise price exceeded the market price	$	6.00	$	-