Basic and Diluted Average Shares

6 Months Ended

Jun. 30, 2013

Basic and Diluted Average Shares [Abstract]

Basic and Diluted Average Shares

(5) Basic and Diluted Average Shares

A reconciliation of basic and diluted average common shares for the three months and six months ended June 30, 2013 and 2012 is as follows:

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
Basic weighted average shares		12,175,584		12,175,584		12,175,584		12,175,136
Effect of potential dilutive securities:
Stock options		-		-		-		-
Diluted weighted average shares		12,175,584		12,175,584		12,175,584		12,175,136

For the three and six months ended June 30, 2013 and 2012, approximately 5,372,500 and 5,547,500 common stock options, respectively, were not added to the diluted average shares because inclusion of such shares would be antidilutive.