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Accounting Policies, by Policy (Policies)
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6 Months Ended |
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Jun. 30, 2013
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| Accounting Policies [Abstract] | |
| Earnings Per Share, Policy [Policy Text Block] |
Earnings Per
Share – Basic earnings per share have been
calculated based upon the weighted-average number of common
shares outstanding. The weighted-average number of common
shares outstanding used in the computations of earnings per
share was 15,423,667 for the six-month period ended June 30,
2013 and 11,492,455 for the six-month period ended June 30,
2012.
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| New Accounting Pronouncements, Policy [Policy Text Block] |
Recently Issued
Accounting Pronouncements – Various accounting
standards updates have been recently issued, most of which
represented technical corrections to the accounting
literature or were applicable to specific industries. No new
accounting pronouncements have been issued that are likely to
have a material impact to the Company's financial
statements.
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| Use of Estimates, Policy [Policy Text Block] |
Use of
Estimates
The
preparation of financial statements in conformity with
generally accepted accounting principles requires management
to make estimates and assumptions that affect reported
amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the
financial statements and the reported amounts of revenues and
expenses during the reporting period. Actual results could
differ from those estimates.
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