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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 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  Nine Months Ended 
  September 30,  September 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