SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2015

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Summary of Stock Option Activity

A summary of our stock option activity during the three months ended March 31, 2015 is presented below:

	Shares			Weighted Average  Exercise  Price		Weighted Average  Remaining Contractual Term		Aggregate Intrinsic  Value
Outstanding at January 1, 2015		759,958		$	11.04		3.12	$	23,483,235
Grants		-			-		-		-
Exercised		(12,000	)		3.10		-		450,467
Forfeitures or expirations		-			-		-		-
Outstanding at March 31, 2015		747,958			11.16		2.91		23,924,725
Exercisable at March 31, 2015		716,708		$	10.55		2.77	$	20,494,302