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EARNINGS (LOSS) PER SHARE (Details) (USD $)
 0 Months Ended 3 Months Ended 6 Months Ended
May 14, 2013
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
EARNINGS (LOSS) PER SHARE          
Percentage of dividend paid on common stock 5.00%        
Numerator:          
Net income (loss)   $ (4,004,029) $ (1,974,121) $ 2,347,443 $ 10,410,139
Denominator:          
Basic - weighted average common shares outstanding   21,831,665 21,449,378 21,777,561 21,385,418
Basic EPS (in dollars per share)   $ (0.18) $ (0.09) $ 0.11 $ 0.49
Numerator:          
Net income (loss)   $ (4,004,029) $ (1,974,121) $ 2,347,443 $ 10,410,139
Denominator:          
Weighted average common shares outstanding   21,831,665 21,449,378 21,777,561 21,385,418
Effect of Dilutive Securities:          
Stock options       342,112 433,075
Diluted - weighted average common shares outstanding   21,831,665 21,449,378 22,119,673 21,818,493
Diluted EPS (in dollars per share)   $ (0.18) $ (0.09) $ 0.11 $ 0.48