Stock Compensation (Tables)

9 Months Ended

Sep. 30, 2012

Stock Compensation [Abstract]

Stock options activity

A summary of stock option activity is as follows:

				Weighted Average
	Options			Exercise Price
Outstanding at January 1, 2012		247,650		$	11.28
Granted		-			-
Exercised		(1,500	)		10.22
Forfeited		(4,050	)		10.88
Expired		(83,000	)		13.95
Outstanding at September 30, 2012		159,100		$	9.90
Exercisable at September 30, 2012		152,433		$	9.94

Information with respect to stock options outstanding

The following table provides certain information with respect to stock options outstanding at September 30, 2012:

				Weighted		Weighted
Range of		Stock Options		Average		Average Remaining
Exercise Prices		Outstanding		Exercise Price		Contractual Life
	$6.00 - $8.00		15,000	$	6.95		3.92
	$8.00 - $12.00		144,100		10.21		1.76
			159,100	$	9.90		1.96
Aggregate intrinsic value:				$	161,000

Information with respect to stock options exercisable

The following table provides certain information with respect to stock options exercisable at September 30, 2012:

				Weighted		Weighted
Range of		Stock Options		Average		Average Remaining
Exercise Prices		Exercisable		Exercise Price		Contractual Life
	$6.00 - $8.00		15,000	$	6.95		3.92
	$8.00 - $12.00		137,433		10.27		1.43
			152,433	$	9.94		1.67
Aggregate intrinsic value:				$	151,000