Shareholders' Equity and Share Based Payment

6 Months Ended

Jun. 30, 2012

Shareholders' Equity and Share Base Payment [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Shareholders' Equity and Share Based Payment

On May 24, 2012, the Company's Board of Directors authorized the repurchase of up to $50,000 of the Company's common shares.  Under the program, the Company may purchase its common shares from time to time in the open market or in privately negotiated transactions.  The amount and timing of the purchases will depend on a number of factors, including the price and availability of the Company's common shares, trading volume and general market conditions.  The Company may also from time to time establish a trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934 (the “Exchange Act”) to facilitate purchases of its common shares under this authorization. Through June 30, 2012, we did not repurchase any shares under the repurchase program.