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EARNINGS (LOSS) PER SHARE (Details) (USD $)
0 Months Ended 3 Months Ended 9 Months Ended
May 14, 2013
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
EARNINGS (LOSS) PER SHARE          
Percentage of dividend paid on common stock 5.00%        
Numerator:          
Net income (loss)   $ (3,951,687) $ 1,111,642 $ (1,604,244) $ 11,521,781
Denominator:          
Basic - weighted average common shares outstanding   21,832,831 21,594,401 21,805,692 21,455,601
Basic EPS (in dollars per share)   $ (0.18) $ 0.05 $ (0.07) $ 0.54
Numerator:          
Net income (loss)   $ (3,951,687) $ 1,111,642 $ (1,604,244) $ 11,521,781
Denominator:          
Weighted average common shares outstanding   21,832,831 21,594,401 21,805,692 21,455,601
Effect of Dilutive Securities:          
Stock options     328,525   400,339
Diluted - weighted average common shares outstanding   21,832,831 21,922,926 21,805,692 21,855,940
Diluted EPS (in dollars per share)   $ (0.18) $ 0.05 $ (0.07) $ 0.53