Quarterly report pursuant to Section 13 or 15(d)

Note 9

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Note 9
 3 Months Ended
Mar. 31, 2012
Comprehensive Income (Loss) Note [Text Block]
(9)
In June 2011, the FASB issued Accounting Standards Update No. 2011-05, “Comprehensive Income (Topic 220):  Presentation of Comprehensive Income” (“ASU 2011-05”).  ASU 2011-05 amends existing guidance by allowing only two options for presenting the components of net income and other comprehensive income:  (1) in a single continuous financial statement, statement of comprehensive income or (2) in two separate but consecutive financial statements, consisting of an income statement followed by a separate statement of other comprehensive income.  ASU No. 2011-05 requires retrospective application, and it is effective for fiscal years beginning after December 15, 2011.  We adopted the provisions of ASU 2011-05 as of January 1, 2012 using the single continuous statement presentation.  The adoption of this guidance did not have a material effect on our financial statements.