FINANCIAL STATEMENT PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2015

FINANCIAL STATEMENT PRESENTATION AND 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 three and nine months ended September 30, 2015 and 2014 follows.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Weighted average common shares outstanding		11,674,697		11,586,564		11,636,155		11,578,350
Weighted average unvested restricted shares		111,034		74,980		106,921		33,440
Weighted average shares for basic earnings per share		11,785,731		11,661,544		11,743,076		11,611,790
Additional diluted shares:
Stock options		77,568		54,742		74,823		56,201
Weighted average shares for diluted earnings per share		11,863,299		11,716,286		11,817,899		11,667,991