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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2014
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 years ended December 31, 2014 and December 31, 2013, and the period May 16, 2012 (commencement of operations) to December 31, 2012:
 
 
 
Year Ended December 31, 2014
 
Years Ended December 31, 2013
 
Period May 16, 2012 to December 31, 2012
 
Net income
 
 
 
 
$
3,313,785
 
 
 
 
$
3,226,430
 
 
 
 
$
4,819,306
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Less dividends paid:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Common stock
 
$
18,229,875
 
 
 
 
$
10,082,871
 
 
 
 
$
-
 
 
 
 
Unvested share-based
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
payment awards
 
 
2,887,296
 
 
 
 
 
44,827
 
 
 
 
 
-
 
 
 
 
 
 
 
 
 
 
21,117,171
 
 
 
 
 
10,127,698
 
 
 
 
 
 
 
Undistributed earnings
 
 
 
 
$
(17,803,386)
 
 
 
 
$
(6,901,268)
 
 
 
 
$
4,819,306
 
 
 
 
Unvested Share-
Based
 
 
 
Unvested Share-
Based
 
Common
 
Unvested Share-
Based
 
Common
 
 
 
Payment Awards
 
Common Stock
 
Payment Awards
 
Stock
 
Payment Awards
 
Stock
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Distributed earnings
 
$
1.47
 
$
1.47
 
$
-
 
$
1.64
 
$
-
 
$
-
 
Undistributed earnings (deficit)
 
 
(1.44)
 
 
(1.44)
 
 
(1.12)
 
 
(1.12)
 
 
-
 
 
2.91
 
Total
 
$
0.03
 
$
0.03
 
$
(1.12)
 
$
0.52
 
$
-
 
$
2.91