XML 36 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 3 - Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
   

Weighted Average Exercise

Price

   

#

of

shares

   

Weighted Average Remaining Contractual Term (in years)

   

Aggregate Intrinsic Value

 

Outstanding, January 1, 2013

  $ 4.53       121,600                  

Granted

    6.87       12,000                  

Cancelled

    -       -                  

Exercised

    4.24       (22,000 )                

Outstanding, June 30, 2013

  $ 4.84       111,600       5.72     $ 167,186  

Exercisable, June 30, 2013

  $ 4.60       99,600       5.24     $ 155,500  
                                 

Outstanding, January 1, 2014

  $ 5.04       84,600                  

Granted

    -       -                  

Cancelled

    -       -                  

Exercised

    -       -                  

Outstanding, June 30, 2014

  $ 5.04       84,600       6.47     $ 104,656  

Exercisable, June 30, 2014

  $ 5.04       84,600       6.47     $ 104,656  
Schedule of Share-based Compensation, Activity [Table Text Block]
   

June 30, 2014

   

June 30, 2013

 

Weighted average grant-date fair value of stock options granted

  N/A     $11,686  

Total fair value of stock options vested

 

N/A

   

N/A

 

Total intrinsic value of stock options exercised

 

N/A

    $51,260  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
 

2014

   

2013

 

Volatility

N/A

    19.1%  

Expected option life (in years)

N/A

   

3

 

Interest rate (risk free)

N/A

    0.80%  

Dividends

None

   

None

 
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
   

Shares

   

Grant Fair Value

 

Balance, January 1, 2014

    -       -  

Granted

    34,601     $ 8.96  

Forfeited

    -       -  

Vested

    -       -  

Balance, June 30, 2014

    34,601     $ 8.96