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EARNINGS (LOSS) PER SHARE (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule of dilutive stock options computed using the treasury stock

The calculation of diluted earnings (loss) per share adds dilutive stock options computed using the treasury stock method as follows:

 

    2016     2015     2014  
                   
Basic weighted average common shares outstanding       4,768,013       4,677,500       4,638,833  
Plus dilutive stock options using treasury stock method     -       -        44,334  
                         
Diluted weighted average common shares outstanding     4,768,013        4,677,500       4,683,167   
Schedule of antidilutive weighted average shares

For the years ended December 31, 2016, 2015 and 2014, common stock equivalents excluded from the calculation of weighted average shares because they were antidilutive are as follows:

 

    2016     2015     2014  
                   
Stock options     398,360       390,504       225,866  
Unvested shares of restricted common stock     24,832       16,667       -  
                         
Total     423,192       407,171       225,866