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EARNINGS (LOSS) PER SHARE (Tables)
9 Months Ended
Sep. 30, 2013
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 reflected in the basic and diluted earnings per share computations.
 
 
 
Three Months
 
Three Months
 
Nine Months
 
Nine Months
 
 
 
Ending
 
Ending
 
Ending
 
Ending
 
 
 
Sept. 30, 2013
 
Sept. 30, 2012
 
Sept. 30, 2013
 
Sept. 30, 2012
 
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Loss
 
$
(1,573,469)
 
 
(834,104)
 
$
(4,339,409)
 
 
(2,477,583)
 
Weighted Average Shares
 
 
25,700,296
 
 
19,541,679
 
 
24,181,281
 
 
15,383,548
 
Basic and Diluted Loss Per Share
 
$
(0.06)
 
$
(0.04)
 
$
(0.18)
 
$
(0.15)