Stock-Based Compensation Plan (Tables)

3 Months Ended

Mar. 31, 2013

Stock-Based Compensation Plan [Abstract]

Summary of stock option plan activity

The following table summarizes the Company's stock option activities for the three months ended March 31, 2013 and 2012:

	Three Months Ended,
	2013				2012
	Number of Shares		Weighted Average Exercise Price		Number of Shares		Weighted Average Exercise Price
Options outstanding at January 1		1,335,680	$	13.41		1,192,680	$	12.89
Options granted – directors and employees		-	$	-		-	$	-
Options forfeited- employees		(834)	$	5.60		-		-
Options exercised - employees		(88,661)	$	12.50		-	$	-
Options outstanding at March 31		1,246,185	$	13.48		1,192,680	$	12.89
Options exercisable		981,310	$	11.99		832,055	$	11.12
Weighted average remaining term of options exercisable	5.7 years				6.2 years