EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2015

EARNINGS PER SHARE [Abstract]

Schedule of Earnings per Share Basic and Diluted

Basic earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding during the period increased to include all additional common shares that would have been outstanding assuming potentially dilutive common shares, resulting from option exercises, had been issued and any proceeds thereof used to repurchase common stock at the average market price during the period.

	2015		2014		2013
Net income for diluted computation	$	9,617,632	$	4,645,960	$	5,285,847
Weighted average shares:
Basic		6,827,355		6,477,457		6,345,615
Effect of dilutive securities:
Stock options		445,634		602,113		576,659
Diluted		7,272,989		7,079,570		6,922,274
Net income per share:
Basic	$	1.41	$	0.72	$	0.83
Diluted	$	1.32	$	0.66	$	0.76