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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Earnings per share (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Earnings per share                      
Stock options excluded from calculation of diluted EPS                 639,000 1,357,803 79,441
Net income (loss) $ 1,861,000 $ 1,025,000 $ 392,000 $ (129,000) $ (150,000) $ (63,000) $ (948,000) $ (179,000) $ 3,148,234 $ (1,339,943) $ (3,736,038)
Preferred dividend requirements (177,000) (175,000) (175,000) (176,000) (177,000) (176,000) (176,000) (176,000) (702,618) (704,996) (704,996)
Income (loss) applicable to common shareholders $ 1,684,000 $ 850,000 $ 217,000 $ (306,000) $ (327,000) $ (239,000) $ (1,124,000) $ (355,000) $ 2,445,616 $ (2,044,939) $ (4,441,034)
Weighted average common shares outstanding 32,674,954 32,674,954 32,674,954 32,666,454 32,666,454 32,666,454 32,666,454 32,666,454 32,672,475 32,666,454 31,958,121
Weighted average common and common equivalent shares outstanding - assuming dilution 32,710,248 32,674,954 32,674,954 32,666,454 32,666,454 32,666,454 32,666,454 32,666,454 32,672,475 32,666,454 31,958,121
Basic earnings (loss) per share $ 0.05 $ 0.03 $ 0.01 $ (0.01) $ (0.01) $ (0.01) $ (0.03) $ (0.01) $ 0.07 $ (0.06) $ (0.14)
Diluted earnings (loss) per share $ 0.05 $ 0.03 $ 0.01 $ (0.01) $ (0.01) $ (0.01) $ (0.03) $ (0.01) $ 0.07 $ (0.06) $ (0.14)