EARNINGS PER SHARE OF COMMON STOCK (Tables)

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Schedule of Weighted Average Number of Shares [Table Text Block]

The denominator is based on the following weighted average number of common shares:

	Three Months		Nine Months
	Ended September 30,		Ended September 30,
	2015	2014	2015	2014
Basic	7,223,043	5,487,494	6,597,987	4,680,340
Incremental shares for assumed conversion of options	39,974	39,304	39,768	47,626
Diluted	7,263,017	5,526,798	6,637,755	4,727,966