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INCOME (LOSS) PER COMMON SHARE (Tables)
 9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
 
 
 
Three months ended
September 30, 2013
(restated)
 
Three months ended
September 30, 2012
 
Nine months ended
September 30, 2013
(restated)
 
Nine months ended
September 30, 2012
 
Consolidated Net Income (loss)
 
$
737,286
 
$
(462,999)
 
$
712,427
 
$
(2,249,646)
 
Basic weighted average number of
    shares outstanding
 
 
20,564,163
 
 
10,819,681
 
 
16,796,310
 
 
9,940,168
 
Dilutive options
 
 
10,621
 
 
-
 
 
9,662
 
 
-
 
Diluted weighted average number of
    common and common equivalent
    shares
 
 
20,574,784
 
 
10,819,681
 
 
16,805,972
 
 
9,940,168
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic income (loss) per common share
 
$
0.04
 
$
(0.04)
 
$
0.04
 
$
(0.23)
 
Diluted income (loss) per common share
 
$
0.04
 
$
(0.04)
 
$
0.04
 
$
(0.23)