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STOCK BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2012
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following summarizes stock option activity for the six month period ended June 30, 2012:

 

  Shares  Weighted
Average
Exercise
Price
  Weighted
Average
Remaining
Contractual
Term (in
years)
  Aggregate
Intrinsic
Value
 
Outstanding at December 31, 2011  348,000  $0.96         
Granted  28,000   1.02         
Exercised              
Forfeited or expired  (21,000)  1.65         
Outstanding at June 30, 2012  355,000  $0.92   2.12  $173,006 
Vested and exercisable at June 30, 2012  351,000  $0.92   2.09  $170,609