EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2014

Schedule of Earnings Per Share [Table Text Block]

		3 months ended September 30				9 months ended September 30
		2014		2013		2014		2013
Basic Earnings Per Share Numerator
Net Income	$	1,179,001	$	4,256,690	$	4,909,926	$	9,274,971
Income Available to Common Stockholders	$	1,179,001	$	4,256,690	$	4,909,926	$	9,274,971
Diluted Earnings Per Share Numerator
Income Available to Common Stockholders	$	1,179,001	$	4,256,690	$	4,909,926	$	9,274,971
Income Available to Common Stockholders on Converted Basis	$	1,179,001	$	4,256,690	$	4,909,926	$	9,274,971
Original Shares:		34,616,714		34,616,714		34,616,714		34,616,714
Additions from Actual Events
-Issuance of Common Stock		300,000		-		300,000		-
Basic Weighted Average Shares Outstanding		34,745,285		34,616,714		34,873,699		34,616,714
Dilutive Shares:
Additions from Potential Events
-Exercise of Investor Warrants & Placement Agent Warrants		-		-		-		-
- Exercise of Employee & Director Stock Options		-		-		-		-
Diluted Weighted Average Shares Outstanding:		34,745,285		34,616,714		34,873,699		34,616,714
Earnings Per Share
-Basic	$	0.03	$	0.12	$	0.15	$	0.27
-Diluted	$	0.03	$	0.12	$	0.14	$	0.27
Weighted Average Shares Outstanding
-Basic		34,745,285		34,616,714		34,873,699		34,616,714
-Diluted		34,745,285		34,616,714		34,873,699		34,616,714