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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Shares [Table Text Block]
The number of shares used in the computation of basic and diluted earnings per share were:

 

    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
    2012     2011     2012     2011  
Basic earnings per share     4,861,779       4,861,779       4,861,779       4,861,779  
Diluted earnings per share     4,861,779       4,861,779       4,861,779       4,861,779