| RECONCILIATION OF EARNINGS PER SHARE [Text Block] |
NOTE 13: RECONCILIATION OF EARNINGS PER SHARE
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Six Months Ended
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Three Months Ended
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June 30,
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June 30,
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2011
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2010
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2011
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2010
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Numerator:
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Net income available to common stockholders
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$
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7,052,162
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$
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802,578
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$
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3,666,190
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$
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2,269,945
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Denominator:
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Weighted-average shares outstanding for earnings per share, basic
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36,888,000
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33,175,227
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36,888,000
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36,111,714
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Effect of dilutive securities:
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Common stock warrants
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-
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658,320
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-
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400,127
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Weighted-average shares outstanding for earnings per share, diluted
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36,888,000
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33,833,547
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36,888,000
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36,511,841
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Net income per share:
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Basic
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$
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0.19
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$
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0.02
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$
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0.10
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$
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0.06
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Diluted
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$
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0.19
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$
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0.02
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$
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0.10
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$
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0.06
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