OTHER CASH FLOW DISCLOSURES (Tables)

3 Months Ended

Mar. 31, 2014

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,
	2014		2013
Interest expense	$	19,672	$	16,398
Federal income tax		0		2,050,000