10. COMMON STOCK

9 Months Ended

Sep. 30, 2012

Stockholders' Equity Note Disclosure [Text Block]

10. COMMON STOCK

During September 2012, we repurchased 18,100 shares of our common stock under a stock repurchase program approved by our Board of Directors in November 2008.  The cost of the shares was $112,200.  These shares plus 13,529 previously-acquired shares - representing the entire balance of unretired treasury shares - were retired during the three months ended September 30, 2012.  The par value of the retired shares was charged to common stock, with the excess of the purchase price over par value charged to additional paid-in capital.