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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2015
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 three-month period ended March 31, 2015:
 
 
 
 
 
Weighted
 
Weighted Average
 
 
 
 
 
 
 
 
Average
 
Remaining
 
Aggregate
 
 
 
 
 
Exercise
 
Contractual Life
 
Intrinsic
 
 
 
Option Shares
 
Price
 
(Years)
 
Value
 
Outstanding, January 1, 2015
 
505,000
 
$
6.51
 
4.8
 
$
1,232,000
 
Granted
 
 
 
 
 
 
 
 
Exercised
 
(6,500)
 
 
3.05
 
 
 
 
 
 
Forfeited
 
 
 
 
 
 
 
 
 
Expired
 
 
 
 
 
 
 
 
 
Outstanding, March 31, 2015
 
498,500
 
$
6.56
 
4.5
 
$
845,000
 
 
 
 
 
 
 
 
 
 
 
 
 
Vested, March 31, 2015
 
437,494
 
$
6.43
 
4.1
 
$
820,000
 
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 options for the three months ended March 31, 2015:
 
 
 
 
 
Weighted Average Grant-
 
 
 
Option Shares
 
Date Fair Value
 
Nonvested options, January 1, 2015
 
61,006
 
$
6.14
 
Granted
 
 
 
 
 
Vested
 
 
 
 
 
Forfeited
 
 
 
 
 
Nonvested options, March 31, 2015
 
61,006
 
$
6.14