Capital Stock

12 Months Ended

Dec. 31, 2012

Earnings Per Share Reconciliation [Abstract]

Earnings Per Share [Text Block]

(13) Capital Stock

(a) Common Stock

In October 2006, the Company's stockholders approved an increase in the number of authorized shares of capital stock from 20 million shares, consisting of 19 million shares of common stock and 1 million shares of preferred stock, to 150 million shares, consisting of 140 million shares of common stock and 10 million shares of preferred stock.

(b) Earnings per Share and Anti-Dilutive Computations

Basic earnings per common share was computed by dividing net income by the weighted-average number of common shares outstanding for the periods presented. The computation of diluted earnings per common share further assumes the dilutive effect of common share options and restricted shares. All common share equivalents were antidilutive for the years ended December 31, 2012, 2011 and 2010 because the Company had net losses in these periods.

The Company has issued restricted shares that entitle employees to receive non-forfeitable dividends during their vesting period and are therefore considered participating securities for earnings per share calculations. The restricted shares, which participate in earnings and dividends in the same manner as other common shares, were allocated total netloss of $307,000,$125,000 and $287,000 for the years ended December 31, 2012, 2011 and 2010, respectively.