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Stock Options (Tables)
 6 Months Ended
Jun. 30, 2012
STOCK OPTIONS [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarized options outstanding at June 30, 2012
   
 
Number of Shares
Weighted Average Exercise Price
Balance, December 31, 2011
425,965

$
1.82

Granted
—

—

Forfeited
—

—

Exercised
—

—

 
 
 
Outstanding options at end of quarter
425,965

1.82

 
 
 
Outstanding exercisable options at end of quarter
425,965

1.82