12. Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2013

Stockholders Equity Tables

Weighted average assumptions

The following weighted average assumptions were used for grants during the years ended December 31, 2013 and 2012:

	Years ended
	December 31,
	2013			2012
Dividend Yield		2.42% - 3.14	%		0.00	%
Volatility		45.73% - 46.71	%		50.89% - 89.27	%
Risk-Free Interest Rate		0.61% - 0.79	%		0.61	%
Expected Life	3.25 years			5 years

Schedule of Stock Options Activity

A summary of option activity under the Company’s 2005 Plan for the year ended December 31, 2013 is as follows:

Stock Options	Number of Shares			Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at January 1, 2013		235,115		$	2.58		2.24	$	539,485
Granted		92,500		$	5.27		-	$	184,900
Exercised		(6,250	)	$	2.35		-	$	18,175
Forfeited		-		$	-		-	$	-
Outstanding at December 31, 2013		321,365		$	3.36		2.26	$	1,257,936
Vested and Exercisable at December 31, 2013		244,490		$	2.77		1.49	$	1,100,811