Quarterly report pursuant to sections 13 or 15(d)

RELATED PARTY TRANSACTIONS

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RELATED PARTY TRANSACTIONS
 6 Months Ended
Jun. 30, 2012
RELATED PARTY TRANSACTIONS [Abstract]  
RELATED PARTY TRANSACTIONS
14. RELATED PARTY TRANSACTIONS
 
Legal fees of approximately $37,000 and $57,000 were incurred during the three months and $108,000 and $143,000 during the six months ended June 30, 2012, and 2011, respectively, to the law firm of Germer Gertz, LLP of which Charles W. Goehringer, Jr. is a minority partner.  Mr. Goehringer acts as corporate counsel for the Company.

Ghazi Sultan, a Company director, was paid $35,000 and $23,000 during the three months and $69,000 and $41,000 during the six months ended June 30, 2012, and 2011, respectively for serving as the Company's Saudi branch representative.