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Accounting Policies, by Policy (Policies)
6 Months Ended
Jun. 30, 2013
Accounting Policies [Abstract]  
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]

Accounting for stock-based compensation:

 

The Company has several stock-based employee compensation plans, which are described more fully in Note 4. The Company accounts for stock-based compensation in accordance with Accounting Standards Codification Statement ("ASC") 718 (formerly SFAS No. 123 (revised 2004)) "Stock compensation" ("ASC 718").

 

The Company and its subsidiary apply ASC 718 and ASC 505-50 (formerly EITF 96-18) "Equity-Based Payments to Non-Employees" ("ASC 505-50") to options issued to non-employees. ASC 718 requires use of an option valuation model to measure the fair value of the options at the grant date