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STOCK COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2014
STOCK COMPENSATION PLANS [Abstract]  
Changes in Share of Class A Stock
The following summary reflects changes in the shares of Class A Stock under option:

 
 
2014
Shares
  
2014
Weighted
Average
Exercise
Price
  
2013
Shares
  
2013
Weighted
Average
Exercise
Price
  
2012
Shares
  
2012
Weighted
Average
Exercise
Price
 
Plan options
 
  
  
  
  
  
 
Outstanding at beginning of year
  
387,000
  
$
18.96
   
421,500
  
$
18.30
   
450,000
  
$
17.61
 
Granted
  
33,750
   
21.86
   
33,750
   
22.66
   
33,750
   
19.01
 
Exercised
  
(44,500
)
  
16.45
   
(68,250
)
  
16.68
   
(62,250
)
  
13.68
 
Expired
  
   
   
   
   
   
 
Outstanding at end of year
  
376,250
  
$
19.52
   
387,000
  
$
18.96
   
421,500
  
$
18.30
 
 
                        
Options exercisable at year end
  
342,500
  
$
19.29
   
353,250
  
$
18.61
   
387,750
  
$
18.24
 

Employee and Director Stock Options
The following tables summarize information about employee and director stock options outstanding at December 31, 2014:

Options Outstanding
 
 
 
 
Range of Exercise
Price
  
Shares Outstanding at
December 31, 2014
 
Weighted Average
Remaining Life
Weighted Average
Exercise Price
 
Aggregate Intrinsic
Value
 
 
$
15.26 - $19.63
   
195,750
 
4.96 Years
 
$
18.28
  
$
843,939
 
 
$
19.64 - $22.66
   
180,500
 
3.97 Years
 
$
20.89
  
$
313,057
 
        
 
        
Options Exercisable
     
 
        
Range of Exercise
Price
  
Shares Exercisable at
December 31, 2014
 
Weighted Average
Remaining Life
Weighted Average
Exercise Price
 
Aggregate Intrinsic
Value
 
 
$
15.26 - $19.63
   
195,750
 
4.96 Years
 
$
18.28
  
$
843,939
 
 
$
19.64 - $22.66
   
146,750
 
2.74 Years
 
$
20.64
  
$
288,419