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OPERATING LEASE COMMITMENTS (Tables)
12 Months Ended
Dec. 31, 2012
Operating Lease Commitments Tables  
Future minimum lease payments

Future minimum lease payments for each of the next five years under these operating leases at December 31, 2012 are approximately as follows:

 

 

Year Ending December 31, 2012:

  Franklin     Philadelphia     Total  
2013                                                                         $ 421,000     $ 185,000     $ 606,000  
2014                                                                           431,000       189,000       620,000  
2015                                                                           441,000       194,000       635,000  
2016                                                                           451,000       198,000       649,000  
2017                                                                           383,000       83,000       466,000  
Total                                                                         $ 2,127,000     $ 849,000     $ 2,976,000