EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method [Table Text Block]

The following tables provide additional disclosure regarding the computation for the three months ended June 30, 2015 and June 30, 2014 and six months ended June 30, 2015 and June 30, 2014:

	Three Months Ended June 30, 2015				Three Months Ended June 30, 2014
Net income			$	4,033,321			$	4,424,609
Less dividends paid:
Common stock	$	5,520,281			$	4,008,469
Unvested share-based payment awards		870,726				635,923
				6,391,007				4,644,392
Undistributed earnings			$	(2,357,686)			$	(219,783)

		Unvested Share-Based				Unvested Share-Based
		Payment Awards		Common Stock		Payment Awards		Common Stock
Distributed earnings	$	0.38	$	0.38	$	0.36	$	0.36
Undistributed earnings (deficit)		(0.17)		(0.17)		(0.02)		(0.02)
Total	$	0.21	$	0.21	$	0.34	$	0.34

	Six Months Ended June 30, 2015				Six Months Ended June 30, 2014
Net income			$	(1,097,005)			$	1,883,335
Less dividends paid:
Common stock	$	11,039,813			$	7,191,938
Unvested share-based payment awards		1,751,235				1,116,495
				12,791,048				8,308,433
Undistributed earnings			$	(13,888,053)			$	(6,425,098)

		Unvested Share-Based				Unvested Share-Based
		Payment Awards		Common Stock		Payment Awards		Common Stock
Distributed earnings	$	0.75	$	0.75	$	0.72	$	0.72
Undistributed earnings (deficit)		(0.94)		(0.94)		(0.64)		(0.64)
Total	$	(0.19)	$	(0.19)	$	0.08	$	0.08