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Income Taxes
9 Months Ended
Sep. 30, 2012
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]

16. Income Taxes

 

Our effective income tax rate for the nine months ended September 30, 2012 was -90.0%, which varied from the statutory income tax rate primarily as a result of a taxable loss compared to book income. Tax exempt income accounted for the difference between our taxable loss and book income. Our effective income tax rate for the nine months ended September 30, 2011 was 44.7%, which varied from the statutory income tax rate primarily as a result of our tax exempt income increasing the tax benefit from our pre-tax loss and the recognition of a tax benefit related to the disposal of certain securities.