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PRINCIPAL BUSINESS ACTIVITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2013
PRINCIPAL BUSINESS ACTIVITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]  
Fair values of cash, accounts receivable, accounts payable and accrued expenses
At December 31, 2013 and 2012, the fair values of cash, accounts receivable, accounts payable and accrued expenses approximated their carrying values because of the short-term nature of these instruments.


 
2013
2012
 
CarryingAmount
FairValue
CarryingAmount
FairValue
Debt
       
Short-term borrowings and long-term debt
$24,568,536
$24,568,536
$27,760,437
$27,760,437

Fair values of financial liabilities measured on recurring basis
The following tables present the fair values of liabilities measured on a recurring basis as of December 31, 2013 and 2012:

   
Fair Value Measurements 2013
Description
Total
Quoted Prices
 in Active
 Markets for
 Identical
 assets
(Level 1)
Significant Other
 Observable Inputs
(Level 2)
Significant
 Unobservable
 Inputs
(Level 3)
Interest Rate Swap, net
 
$31,992
 
--
 
$31,992
 
--
Total
$31,992
--
$31,992
--

   
Fair Value Measurements 2012
Description
Total
Quoted Prices
 in Active
 Markets for
 Identical assets
(Level 1)
Significant Other
 Observable Inputs
(Level 2)
Significant
 Unobservable
 Inputs
(Level 3)
Interest Rate Swap, net
 
$ 60,516
 
--
 
$ 60,516
 
--
Total
$ 60,516
--
$ 60,516
--