SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2014

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Reconciliation of basic and diluted weighted average number of common shares outstanding

The reconciliation of basic and diluted weighted average number of common shares outstanding for the years ended December 31, 2014, 2013 and 2012 follows.

	Years Ended December 31,
	2014		2013		2012
Weighted average common shares outstanding		11,582,807		11,570,731		10,248,751
Weighted average unvested restricted shares		43,547		-		-
Weighted average shares for basic earnings per share		11,626,354		11,570,731		10,248,751
Additional diluted shares:
Stock options		55,788		20,390		-
Weighted average shares for diluted earnings per share		11,682,142		11,591,121		10,248,751