EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2013

EARNINGS PER SHARE

Schedule of reconciliation of net income (loss) and weighted average common shares outstanding for purposes of calculating basic and diluted net income (loss) per share

	Three Months Ended
	March 31,
	(Unaudited)
	2013		2012
Basic:
Numerator:
Net income	$	6,351,472	$	12,384,260
Denominator:
Basic - weighted average common shares outstanding	21,722,855		21,326,962
Basic EPS	$	0.29	$	0.58
Diluted:
Numerator:
Net income	$	6,351,472	$	12,384,260
Denominator:
Weighted average common shares outstanding	21,722,855		21,326,962
Effect of Dilutive Securities:
Stock options	463,478		462,260
	22,186,333		21,789,222
Diluted EPS	$	0.29	$	0.57