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NET (LOSS) INCOME PER COMMON SHARE (Tables)
 3 Months Ended
Mar. 31, 2014
NET (LOSS) INCOME PER COMMON SHARE [Abstract]  
Reconciliation of the differences between the basic and fully diluted earnings per share
The following table reconciles the differences between the basic and fully diluted earnings per share presentations:

 
 
Three Months Ended March 31,
 
 
 
2014
  
2013
 
Numerator:
 
  
 
Net (loss) income
 
$
(1,063,394
)
 
$
306,273
 
 
        
Denominator:
        
Weighted average common shares outstanding:
        
Basic
  
20,197,301
   
19,659,168
 
Stock options
  
-
   
395,254
 
Fully diluted
  
20,197,301
   
20,054,422
 
 
        
Net (loss) income per common share:
        
Basic
 
$
(0.05
)
 
$
0.02
 
Diluted
 
$
(0.05
)
 
$
0.02