Thanks for the suggestion. I applied your suggestion and the LED's are acting a little different now. They are still cycling the time too fast, every second, but now the time starts at 1212, 2222, 3333, etc. haha, i don't know at this point.
to me it seems like my time keeping method isn't working properly. I'm really confused as to whats causing this though.
If it makes a difference, Im using Arduino Uno R3