3. Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table summarizes stock option activity under the Stock Option Plans for the nine months ended September 30, 2014:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at January 1, 2014		113,726		$	6.66		4.94	$	1,600
Granted		200,000			4.52
Exercised		-			-
Forfeited or expired		(10,000	)		6.47
Outstanding at  September 30, 2014		303,726		$	5.26		7.73	$	114,694
Exercisable at  September 30, 2014		98,726		$	6.36		3.93	$	1,334
Nonvested at September 30, 2014		205,000		$	4.73		9.57	$	113,360

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

The following table summarizes RSU activity under the 2010 Equity Incentive Plan for the nine months ended September 30, 2014:

	Number of Shares			Weighted Average Grant Date Fair Value		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding  at January 1, 2014		46,125		$	4.36		1.24	$	237,083
Granted		9,000			5.00
Forfeited		(1,000	)		5.14
Vested		(18,125	)		5.66
Outstanding  at September 30, 2014		36,000		$	5.49		1.97	$	183,240
Expected to vest		25,830		$	5.43		1.81	$	131,475