STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of option activity under the Plan during the year ended December 31, 2016 and 2015 is presented below:

	For the Year Ended December 31, 2016
					Average
			Weighted-		Remaining
			Average		Contractual
	Shares		Exercise Price		Term
Outstanding, beginning of period		36,892	$	9.65		3.1
Granted		-
Exercised		-
Forfeited or expired		(2,702)		9.65		-
Outstanding, end of period		34,190	$	9.65		2.3
Exercisable, end of period		34,190	$	9.65		2.3

	For the Year Ended December 31, 2015
					Average
			Weighted-		Remaining
			Average		Contractual
	Shares		Exercise Price		Term
Outstanding, beginning of period		36,892	$	9.65		4.1
Granted		-
Exercised		-
Forfeited or expired		-
Outstanding, end of period		36,892	$	9.65		3.1
Exercisable, end of period		36,892	$	9.65		3.1