INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2012

Income Tax [Abstract]

Schedule of Income Tax Benefits [Table Text Block]

The Company is permitted to deduct certain intangible assets and goodwill balances over a period of 15 years from the date of the historic acquisitions, thereby reducing the Company's taxable income as reported on the income tax return.  The Company estimates the annual cash savings from these deductions, as compared with tax expense to be provided for in the Company's financial statements, from these deductions as follows:

Year		Income Tax Benefit
	2012	$	4,500
	2013	$	4,700
	2014	$	4,700
	2015	$	5,000
	2016	$	5,300
2017 and thereafter		$	43,400
		$	67,600