STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2013

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

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

The following is a summary of the changes in outstanding options during the nine-month period ended September 30, 2013:

		Weighted		Weighted Average
		Average		Remaining	Aggregate
		Exercise		Contractual Life	Intrinsic
	Option Shares	Price		(Years)	Value
Outstanding, January 1, 2013	584,688	$	6.48	5.4	$	758,000
Granted	71,500		8.21
Exercised	(22,000)		3.80
Forfeited	—
Expired	—
Outstanding, September 30, 2013	634,188	$	6.77	5.1	$	1,181,900
Vested, September 30, 2013	489,355	$	6.94	4.1	$	929,002

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable [Table Text Block]

The following is a summary of changes in non-vested shares for the nine months ended September 30, 2013:

		Weighted Average Grant-
	Option Shares	Date Fair Value
Non-vested shares, January 1, 2013	141,000	$	2.94
Granted	71,500		6.72
Vested	(67,667)		2.92
Forfeited	—		—
Non-vested shares and expected to vest, September 30, 2013	144,833	$	4.81