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STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)
Common Stock
Treasury Stock
Retained Earnings
Total
Beginning Balance, amount at Dec. 31, 2010 $ 8,623,744    $ 6,943,179 $ 15,566,923
Beginning Balance, shares at Dec. 31, 2010 4,892,977      
Stock based compensation expense 9,002       9,002
Net income       857,755 857,755
Ending Balance, amount at Dec. 31, 2011 8,632,746    7,800,934 16,433,680
Ending Balance, shares at Dec. 31, 2011 4,892,977      
Stock based compensation expense 18,000       18,000
Common stock issued and options exercised, shares 2,000      
Common stock issued and options exercised, amount 6,180       6,180
Treasury stock purchased, shares (90,269)      
Treasury stock purchased, amount    (319,215)    (319,215)
Net income       1,202,849 1,202,849
Ending Balance, amount at Dec. 31, 2012 $ 8,656,926 $ (319,215) $ 9,003,783 $ 17,341,494
Ending Balance, shares at Dec. 31, 2012 4,804,708