SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2011

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the changes to the computation of basic and diluted earnings per share:

	December 31,
	2011			2010			2009
Numerator:
Net income	$	22,942,482		$	18,363,047		$	13,945,993
Less: Income allocated to participating securities		(294,022	)		(556,304	)		(290,480	)
Net income available to common stockholders	$	22,648,460		$	17,806,743		$	13,655,513
Denominator:
Weighted average shares - basic		64,017,813			63,511,383			63,002,361
Stock options and restricted stock awards		138,856			97,697			77,804
Weighted average shares - diluted		64,156,669			63,609,080			63,080,165
Basic net income per share:
Net income	$	0.35		$	0.28		$	0.22
Diluted net income per share:
Net income	$	0.35		$	0.28		$	0.22