SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2013

SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Earnings per share calculation

The Company calculates earnings per share (“EPS”) in accordance with ASC Topic 260, “Earnings Per Share.”  The standard requires presentation of two categories of EPS – basic EPS and diluted EPS.  Basic EPS excludes dilution and is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the year. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue Common Stock were exercised or converted into Common Stock or resulted in the issuance of Common Stock that then shared in the earnings of the Company.

	2011							2012						2013
	Net Income		Weighted Average Shares		Per Share Amount			Net Income		Weighted Average Shares		Per Share Amount		Net Income		Weighted Average Shares		Per Share Amount
Basic EPS	$	1,615,327		1,853,307	$	0.87		$	807,264		1,839,149	$	0.44	$	89,173		1,850,257	$	0.05
Effect of Dilutive Stock Options		-		56,453		(0.02	)		-		9,565				-		10,831
Diluted EPS:	$	1,615,327		1,909,760	$	0.85		$	807,264		1,848,714	$	0.44	$	89,173		1,861,088	$	0.05