Earnings Per Share

9 Months Ended

Sep. 30, 2011

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 10 – EARNINGS PER SHARE

Basic income (loss) per share of common stock for the periods ended September 30, 2011 and 2010 is determined by dividing net income (loss) by the weighted average number of shares of common stock during the period.

The following table reconciles the weighted average shares outstanding used for basic and diluted earnings per share for the periods ending September 30, 2011 and 2010.

The Company paid no cash distributions to its stockholders during the nine months ended September 30, 2011 and 2010.

	For the Nine Months Ended September 30,
	2011		2010
Weighted average number of common shares outstanding Used in the basic earnings per common share calculations		12,781,913		12,383,783
Dilutive effect of stock options and warrants		992,342		551,670
Weighted average number of common shares outstanding adjusted for effective of dilutive options and warrants		13,774,255		12,935,453

	For the Three Months Ended September 30,
	2011		2010
Weighted average number of common shares outstanding Used in the basic earnings per common share calculations		12,872,078		12,531,078
Dilutive effect of stock options and warrants		1,447,551		1,655,011
Weighted average number of common shares outstanding adjusted for effective of dilutive options and warrants		14,319,629		14,186,089