Pension Plan

9 Months Ended

Sep. 30, 2013

Pension Plan [Abstract]

Pension Plan

Note 5. Pension Plan

The Company provides pension benefits for eligible participants through a non-contributory defined benefit pension plan. The plan was frozen effective September 30, 2006; therefore, no additional participants will be added to the plan. The components of net periodic pension plan cost are as follows for the periods indicated:

Three months ended June 30,	2013			2012
	Pension Benefits
Interest cost	$	62,983		$	71,750
Expected return on plan assets		(88,399	)		(97,500	)
Amortization of net loss		74,524			56,250
Net periodic pension plan cost	$	49,108		$	30,500
Six months ended June 30,		2013			2012
	Pension Benefits
Interest cost	$	125,966		$	143,500
Expected return on plan assets		(176,798	)		(195,000	)
Amortization of net loss		149,048			112,500
Net periodic pension plan cost	$	98,216		$	61,000

At June 30, 2013, management had not yet determined the amount, if any, that the Company will contribute to the plan in the year ending December 31, 2013.