STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2014

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, 2014:

		Weighted Average		Weighted Average Remaining		Aggregate Intrinsic
	Option Shares	Exercise Price		Contractual Life (Years)		Value
Outstanding, January 1, 2014	633,188	$	6.76		4.8	$	951,000
Granted	—		—
Exercised	(96,188)		7.76
Forfeited	—		—
Expired	(26,500)		8.06
Outstanding, September 30, 2014	510,500	$	6.51		5.0	$	1,303,505
Vested September 30, 2014	449,494	$	6.38		4.6	$	1,261,239

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 options for the nine months ended September 30, 2014:

			Weighted Average Grant-
	Option Shares		Date Fair Value
Non-vested options, January 1, 2014		121,500	$	5.38
Granted		—		—
Vested		(60,494)		4.62
Forfeited		—		—
Non-vested options, September 30, 2014		61,006	$	6.14