STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 31, 2016

Stockholders' Equity Note [Line Items]

Schedule of Dividends Payable [Table Text Block]

The following table presents a summary of the Company’s common stock repurchases under the Repurchase Program through March 31, 2016.

	Total Number of Shares		Weighted Average Price Paid		Total Cost of Shares
Month Purchased	Repurchased		per Share		Repurchased
December 2015		68,356.00	$	5.27	$	360,508
January 2016		58,500.00	$	4.87	$	284,885

Common Stock [Member]

Stockholders' Equity Note [Line Items]

Schedule of Dividends Payable [Table Text Block]

The following table presents cash dividends declared by the Company on its common stock for the three months ended March 31, 2016:

Declaration Date	Record Date	Payment Date	Dividend Amount		Cash Dividend Per Share
December 16, 2015	January 15, 2016	January 28, 2016	$	878,274	$	0.60000
December 16, 2015	February 16, 2016	February 26, 2016	$	875,874	$	0.60000
December 16, 2015	March 15, 2016	March 28, 2016	$	875,874	$	0.60000

Series A Preferred Stock [Member]

Stockholders' Equity Note [Line Items]

Schedule of Dividends Payable [Table Text Block]

The following table presents cash dividends declared by the Company on its Series A Preferred Stock for the three months ended March 31, 2016:

Declaration Date	Record Date	Payment Date	Dividend Amount		Cash Dividend Per Share
December 16, 2015	January 15, 2016	January 28, 2016	$	293,503	$	0.18230
December 16, 2015	February 16, 2016	February 26, 2016	$	293,503	$	0.18230
December 16, 2015	March 16, 2016	March 28, 2016	$	293,503	$	0.18230