NET INCOME (LOSS) PER COMMON SHARE

12 Months Ended

Dec. 31, 2011

NET INCOME (LOSS) PER COMMON SHARE [Abstract]

NET INCOME (LOSS) PER COMMON SHARE

NOTE 16 - NET INCOME PER COMMON SHARE

	Year ended December 31,
	2011		2010		2009
Net income	$	8,430,314	$	2,685,654	$	6,627,451
Basic earnings per common share:
Weighted average shares outstanding		23,992,538		23,769,047		23,727,995
Per share amount	$	0.35	$	0.11	$	0.28
Diluted earnings per common share:
Weighted average shares outstanding		24,267,289		23,780,303		23,800,449
Per share amount	$	0.35	$	0.11	$	0.28

Weighted average shares-denominator basic computation	23,992,538	23,769,047	23,727,995
Effect of dilutive stock options	274,751	11,256	72,454
Weighted average shares, as adjusted denominator diluted computation	24,267,289	23,780,303	23,800,449