10. RETIREMENT PLANS (Tables)

12 Months Ended

24 Months Ended

Dec. 31, 2011

Dec. 31, 2011

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

	December 31,
	2011
Change in benefit obligation:
Projected benefit obligation at beginning of the year	$	11,548,148
Service cost		123,360
Interest cost		625,322
Change in discount rate		-
Curtailment decrease		-
Actuarial (gain)/loss		296,751
Benefits paid		(12,593,581	)
Projected benefit obligation at end of year	$	-
Change in plan assets:
Fair value of plan assets at beginning of year	$	8,028,855
Employer contributions		5,038,632
Actual return on plan assets		(473,906	)
Benefits paid		(12,593,581	)
Fair value of plan assets at end of year	$	-

	2011			2010
Service cost	$	123,360		$	79,909
Interest cost		625,322			646,708
Expected return on assets		(626,365	)		(532,218	)
Amortization of unrecognized net loss		219,050			287,413
Amortization of unrecognized transition obligation		-			-
Amortization of unrecognized prior service cost		75,205			72,392
Net periodic pension cost	$	416,572		$	554,204