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EARNINGS (LOSS) PER SHARE (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Reconciliation [Table Text Block]
The following is a reconciliation of the basic and diluted earnings (loss) per share computation for the years ended December 31, 2015, 2014 and 2013:
 
 
 
Year ended
 
 
 
December 31,
 
 
 
2015
 
2014
 
2013
 
 
 
 
 
 
(Restated)
 
 
 
 
Basic earnings (loss) per share
 
 
 
 
 
 
 
 
 
 
Net income (loss) available to the company’s common shareholders
 
$
(10,223,130)
 
$
(24,298,114)
 
$
1,995,621
 
Weighted average shares outstanding - Basic
 
 
5,862,647
 
 
5,510,076
 
 
4,625,195
 
Earnings (loss) per share - Basic
 
$
(1.74)
 
$
(4.41)
 
$
0.43
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings (loss) per share
 
 
 
 
 
 
 
 
 
 
Net income (loss) available to the company’s common shareholders
 
$
(10,223,130)
 
$
(24,298,114)
 
$
1,995,621
 
Weighted average shares outstanding - Basic
 
 
5,862,647
 
 
5,510,076
 
 
4,625,195
 
Options and warrants
 
 
33,887
 
 
87,093
 
 
50,932
 
Weighted shares outstanding - Diluted
 
 
5,896,534
 
 
5,597,169
 
 
4,676,127
 
Earnings (loss) per share - Diluted
 
$
(1.73)
 
$
(4.34)
 
$
0.43