EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Reconciliation of Net Income and Weighted Average Shares Used in Computation of Basic and Diluted Earnings Per Share

The following table is a reconciliation of the net income and the weighted average shares used in the computation of basic and diluted earnings per share for the periods presented:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2013		2012		2013		2012
Income available to common shareholders:
- Basic and diluted	$	15,675,810	$	13,446,666	$	28,986,997	$	24,921,678
Weighted average number of shares:
- Basic		29,825,336		29,820,836		29,823,098		29,810,996
- Effect of dilutive warrants and options		168,244		197,149		149,516		238,340
- Diluted		29,993,580		30,017,985		29,972,614		30,049,336
Net income per share
- Basic	$	0.53	$	0.45	$	0.97	$	0.84
- Diluted	$	0.52	$	0.45	$	0.97	$	0.83