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LONG-TERM STOCK INCENTIVE PLAN (Tables)
 12 Months Ended
Dec. 31, 2012
Schedule of Issued and Outstanding Stock Options
The Company has issued and outstanding the following stock options as of December 31, 2012 and 2011:
 
   
For the year ended
  
   
December 31, 2012
     December 31, 2011  
   
Number of
Shares
    
Weighted
Average
Exercise Price
    
Number of
Shares
    
Weighted
Average
Exercise Price
  
Options outstanding at the beginning of  year
     6,216,805     $ 15.57       6,891,975     $ 15.33  
Granted
     7,500       17.11       7,500       18.67  
Exercised
     (603,169 )     13.98       (678,920 )     13.19  
Forfeited
     (2,450 )     16.15       -       -  
Expired
     -       -       (3,750 )     12.15  
Options outstanding at the end of period
     5,618,686     $ 15.74       6,216,805     $ 15.57  
Options exercisable at the end of the period
     4,988,124     $ 16.06       4,451,693     $ 16.17