OTHER CASH FLOW DISCLOSURES (Tables)

9 Months Ended

Sep. 30, 2013

OTHER CASH FLOW DISCLOSURES [Abstract]

Expenses paid on a cash basis

On a cash basis, the Company paid the following expenses:

	Three Months Ended
	September 30,
	2013		2012
Interest expense	$	2,551	$	19,896
Federal income tax		0		65,689

	Nine Months Ended
	September 30,
	2013		2012
Interest expense	$	34,592	$	169,509
Federal income tax		3,465,000		1,408,770