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SHORT-TERM BORROWINGS
12 Months Ended
Dec. 31, 2014
Short-term Debt [Abstract]  
Short-term Debt [Text Block]

9. SHORT-TERM BORROWINGS

At December 31, 2014, the Company had a $60 million unsecured revolving line of credit with a bank expiring November 5, 2015. The line of credit bears interest at LIBOR plus 0.75%. At December 31, 2014, outstanding borrowings were approximately $5.4 million at an interest rate of 0.92%. The highest balance during the year was $24.3 million. At December 31, 2013, outstanding borrowings were $12.0 million at an interest rate of 0.90%.