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STOCK OPTIONS (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
The following table summarizes information concerning outstanding and exercisable options as of March 31, 2017:
 
Number Outstanding
 
Weighted Average
 
and exercisable
 
Strike Price
 
 
12,500
 
$
9.31