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DEFINED CONTRIBUTIONS PLANS
12 Months Ended
Dec. 31, 2011
DEFINED CONTRIBUTIONS PLANS [Abstract]  
DEFINED CONTRIBUTIONS PLANS
14.   DEFINED CONTRIBUTION PLANS
 
The Company sponsored one defined contribution plan in 2011: the LMI Profit Sharing and Savings Plan (the “LMI Plan”).  The LMI Plan covers all of the employees of the Company and is a profit sharing plan that allows discretionary profit sharing contributions by the Company.  The LMI Plan also includes a 401(k) component that allows employee deferrals and a discretionary matching contribution component, under which the Company may make contributions based upon a percentage of employee contributions up to a maximum of $1 annually per employee.  Employee deferrals and matching contributions to the LMI Plan are fully vested to the employee immediately upon contribution.  Profit sharing contributions by the Company to the LMI Plan become vested over time and are fully vested after six years.  No profit sharing contributions have been made to the LMI Plan for 2011, 2010, or 2009.  The Company recognized costs for matching contributions to the LMI Plan totaling $806, $798, and $660 in 2011, 2010, and 2009, respectively.  The Company's matching contributions to the LMI Plan are determined and approved by the Board of Directors, which can be settled in cash or shares of LMI common stock.  For the years ended December 31, 2011, 2010, and 2009, the Company made matching contributions of 50% for each one dollar contributed by each participant up to a maximum employer matching contribution of $1.  In 2011 and 2010 the contribution was made in shares of the Company's common stock.  The amount of the expense is calculated based on the formula described above and is not impacted by the value of the common stock, as the shares given are based on the dollar amount of the matching contribution.