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Basic and Diluted Average Share
12 Months Ended
Dec. 31, 2012
Basic and Diluted Average Share [Abstract]  
Basic and Diluted Average Share

Note 8 - Basic and Diluted Average Share

 

A reconciliation of basic and diluted average common shares for the years ended December 31, 2012 and 2011 is as follows:

 

    For the Year Ended December 31,  
    2012     2011  
             
Basic weighted average shares     12,175,361       10,831,971  
Effect of potential dilutive securities:                
Stock options     -       369,225  
Diluted weighted average shares     12,175,361       11,201,196  

 

For the years ended December 31, 2012 and 2011, approximately 5,030,000 and 5,000,000 common stock options, respectively, were not added to the diluted average shares because inclusion of such shares would be antidilutive.