Stock Options (Tables)

12 Months Ended

Dec. 31, 2012

Stock Options [Abstract]

Summary of Stock Option Activity

	At December 31,
	2012					2011
				Weighted average					Weighted average
	Shares			exercise price		Shares			exercise price
Outstanding at beginning of year		5,547,500		$	13.76		1,503,134		$	2.01
Granted		-			-		5,000,000			15.00
Exercised		-			-		(945,634	)		1.77
Forfeited		(175,000	)		2.12		(10,000	)		2.19
Outstanding at end of year		5,372,500		$	14.21		5,547,500		$	13.76
Options exercisable at end of year		5,372,500		$	14.21		5,541,500		$	13.77

Schedule of Information about Share Options Outstanding

Information about Equity Incentive Plan stock options outstanding at December 31, 2012 is summarized as follows:

	Options Outstanding
			Weighted average	Weighted
			remaining contractual	average		Aggregate Intrinsic
Range of exercise prices	Number outstanding		life*	exercise price		Value
$1.13 to $2.25		330,000	NA		2.22	$	1,059,400
$2.26 to $2.82		10,000	NA		2.82		26,100
$2.83 to $4.19		2,500	NA		4.19		3,100
$6.00		30,000	NA		6.00		-
$15.00		5,000,000	3.8		15.00		-
		5,372,500				$	1,088,600

* All Options currently issued pursuant to the Company's 2004 and 2006 Employee Stock Option Plans have no expiration date.

	Options Exercisable
			Weighted average	Weighted
			remaining contractual	average		Aggregate Intrinsic
Range of exercise prices	Number outstanding		life*	exercise price		Value
$1.13 to $2.25		330,000	NA		2.22	$	1,059,400
$2.26 to $2.82		10,000	NA		2.82		26,100
$2.83 to $4.19		2,500	NA		4.19		3,100
$6.00		30,000	NA		6.00		-
$15.00		5,000,000	3.8		15.00		-
		5,372,500				$	1,088,600