STOCK OPTIONS - STOCK COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2014

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

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]

The Company estimated the fair value of its common stock options using the following assumptions:

	For the year ended
	December 31, 2013
Risk-free interest rate		1.82	%
Expected term		10 years
Volatility		81.27	%
Dividend yield		0	%
Weighted-average fair value of options granted	$	6.72

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

The following table contains information on the status of the Company’s stock options:

	Number				Aggregate
	of		Weighted Average Exercise Price per		Intrinsic
	Shares		share		Value
Outstanding, January 1, 2013		584,688	$	6.48
Granted		71,500		8.21
Exercised		(22,000)		3.80
Expired		(1,000)		11.20
Outstanding, December 31, 2013		633,188		6.76
Granted		—		—
Exercised		(97,688)		7.69
Expired		(30,500)		7.99
Outstanding, December 31, 2014		505,000	$	6.51	$	1,232,000
Vested, December 31, 2014		443,994	$	6.38	$	1,192,000

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, all of which are expected to vest:

	December 31,
	2014				2013
			Weighted Average				Weighted Average
	Option		Grant-Date		Option		Grant-Date
	Shares		Fair Value		Shares		Fair Value
Non-vested shares, beginning of year		121,500	$	5.38		141,000	$	2.94
Granted		—		—		71,500		6.72
Vested		(60,494)		4.62		(91,000)		2.64
Forfeited		—		—		—		—
Non-vested shares, end of year		61,006	$	6.14		121,500	$	5.38

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

The following table summarizes information about stock options outstanding and exercisable at December 31, 2014:

	Range of Exercise Prices	Number outstanding		Options Outstanding Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price		Number exercisable		Options Exercisable Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price
$	14.44 - $16.68		24,500		0.5	$	16.50		24,500		0.5	$	16.50
$	11.20		85,500		2.5	$	11.20		85,500		2.5	$	11.20
$	4.16		170,000		3.5	$	4.16		170,000		3.5	$	4.16
$	3.05		55,000		6.0	$	3.05		55,000		6.0	$	3.05
$	4.48 - $4.95		98,500		6.9	$	4.72		85,167		6.8	$	4.68
$	8.21		71,500		8.3	$	8.21		23,827		8.3	$	8.21
			505,000		4.8	$	6.51		443,994		4.3	$	6.38