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Note 21 - Stock Repurchase Program
12 Months Ended
Dec. 31, 2013
Disclosure Text Block [Abstract]  
Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block]

NOTE 21 – STOCK REPURCHASE PROGRAM


We currently have no authorized common or preferred stock repurchase program in place. No common stock was repurchased in 2012 or 2013. In June of 2012 we repurchased 16,000 shares of our 33,000 outstanding shares of preferred stock at a price of at a price of $941.01 per share (liquidation preference value $1,000). In July of 2012, we negotiated a repurchase of all 578,947 outstanding common stock warrants, which were issued to the U.S. Treasury at the time of their investment in our preferred shares, for a total price of $1,946,670. In June of 2013 we repurchased the remaining 17,000 outstanding shares of preferred stock at a price of $1,000 per share (liquidation preference value $1,000).