OTHER CASH FLOW DISCLOSURES (Tables)

3 Months Ended

Mar. 31, 2013

OTHER CASH FLOW DISCLOSURES [Abstract]

Expenses paid on a cash basis

On a cash basis, the Company paid the following expenses:

		Three Months Ended
		March 31,
		2013		2012
Interest expense	$	16,398	$	15,214
Federal income tax		2,050,000		22,581