STOCK COMPENSATION PLAN (Tables)

3 Months Ended

Mar. 31, 2018

STOCK COMPENSATION PLAN [Abstract]

Schedule of status of the stock option plan

	Three Months Ended March 31, 2018
	Number of Options		Weighted Average Exercise Price
Outstanding, beginning of period		271,500	$	19.79
Granted		-		-
Exercised		-		-
Cancelled/forfeited		-		-
Outstanding, end of year		271,500	$	19.79
Options vested and exercisable at end of period		271,500	$	19.79
Weighted average remaining contractual life (years)				5.33

Schedule of summary of stock options outstanding

		Options Outstanding
Range of Average Exercise Prices		Number Outstanding at March 31, 2018		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price
$	10 – 20		231,000		6.14	$	18.00
$	21 – 30		40,500		0.70	$	30.00
$	10 – 30		271,500		5.33	$	19.79

Schedule of non-vested restricted stock awards

	Three Months Ended March 31, 2018
	Number of Shares			Weighted Average Grant Date Fair Value
Outstanding, beginning of period		76,104		$	20.61
Granted		-		$	-
Forfeited		-		$	-
Vested		(7,334	)	$	18.00
Outstanding at end of period		68,770		$	20.61