I - OPTIONS (Tables)

12 Months Ended

Dec. 31, 2014

Equity [Abstract]

Stock option transactions

A summary of the Company’s stock option transactions for the three years ended December 31, 2014 is presented below:

		2014					2013					2012
		Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price
Outstanding - beginning of the year			350,000			3.10		400,000			3.33		1,228,200		$	3.88
Cancelled			(60,000	)		3.05		—			—		—			—
Forfeited			—					(25,000	)		5.06		—			—
Expired			(25,000	)		4.04		(25,000	)		4.75		(828,200	)	$	4.14
Outstanding - end of year	(a)		265,000			3.02		350,000			3.10		400,000		$	3.33
Fully vested and exercisable at end of year	(a)		265,000			3.02		350,000			3.10		400,000		$	3.33