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Stockholders' equity and earnings per share (Tables)
6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Schedule of stock option activity summary
Stock option activity summary is presented in the table below:
               
Weighted-
 
               
average
 
         
Weighted-
   
Remaining
 
         
average
   
Contractual
 
   
Number of
   
Exercise
   
Term
 
   
Shares
   
Price
   
(years)
 
Outstanding at December 31, 2011
 
87,500
 
$
4.80
   
5.08
 
  Granted
 
   
   
 
  Cancelled
 
   
   
 
  Exercised
 
   
   
 
  Forfeited
 
   
   
 
  Expired
 
   
   
 
Outstanding and exercisable at December 31, 2012
 
87,500
   
4.80
   
4.08
 
  Granted
 
   
   
 
  Cancelled
 
   
   
 
  Exercised
 
   
   
 
  Forfeited
 
   
   
 
  Expired
 
   
   
 
Outstanding and exercisable at June 30, 2013
 
87,500
 
$
4.80
   
3.83
 
Schedule of fair value assumptions
The fair value of the options granted during 2011 was estimated at the date of grant using the Black-Scholes option-pricing model with the following assumptions:

Closing market price of stock on grant date
$3.11
Risk-free interest rate
2.43%
Dividend yield
0.00%
Volatility factor
50%
Expected life
2.5 years