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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table provides a reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share for years ended December 31, 2014 and 2013:
 
 
 
For the Years Ended
December 31,
 
 
 
2014
 
2013
 
Basic earnings per share calculation:
 
 
 
 
 
 
 
Net income to common stockholders
 
$
33,290
 
$
580,363
 
Weighted average number of common shares outstanding
 
 
4,776,085
 
 
4,764,120
 
Basic net income per share
 
$
0.01
 
$
0.12
 
 
 
 
 
 
 
 
 
Diluted earnings per share calculation:
 
 
 
 
 
 
 
Net income
 
$
33,290
 
$
580,363
 
Weighted average number of common shares outstanding
 
 
4,776,085
 
 
4,764,120
 
 
 
 
 
 
 
 
 
Common stock equivalents:
 
 
 
 
 
 
 
Stock options
 
 
(1)
 
 
(2)
 
Weighted average diluted shares outstanding
 
 
4,776,085
 
 
4,764,120
 
Diluted net income per share
 
$
0.01
 
$
0.12
 
 
Stock options outstanding of (1)  10,000 and (2) 60,000 were not included in the calculation as they would have been anti-dilutive.