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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]

The following table sets forth the computation of basic and diluted earnings per share:

 

    Year ended December 31  
    2012     2011  
Numerator:                
Net income   $ 1,358,969     $ 1,048,157  
Denominator:                
Denominator for basic earnings per share – weighted average shares     12,500,000       12,429,000  
                 
Dilutive effect of employee stock options and other warrants     154,000       -  
                 
Denominator for diluted earnings per share – adjusted weighted average shares     12,654,000       12,429,000  
                 
Basic earnings per share   $ 0.11     $ 0.08  
Diluted earnings per share   $ 0.11     $ 0.08