| RECONCILIATION OF EARNINGS PER SHARE [Text Block] |
NOTE 13: RECONCILIATION OF EARNINGS PER SHARE
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Nine Months Ended
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Three Months Ended
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September 30,
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September 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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10,711,981
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$
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3,853,393
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$
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3,659,819
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$
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3,050,815
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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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34,426,418
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36,888,000
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36,888,000
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Effect of dilutive securities:
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Common stock warrants
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-
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242,714
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-
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25,320
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Weighted-average shares outstanding for earnings per share, diluted
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36,888,000
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34,669,132
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36,888,000
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36,913,320
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Net income per share:
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Basic
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$
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0.29
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$
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0.11
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$
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0.10
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$
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0.08
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Diluted
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$
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0.29
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$
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0.11
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$
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0.10
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$
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0.08
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