SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2013

Stockholders' Equity Note [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

Changes in options outstanding under the Stock Option Plans during 2013 are as follows :

				Weighted
		Weighted		Average
		Average		Remaining	Aggregate
	Number	Exercise		Contractual	Intrinsic
Options	of Options	Price		Term (Years)	Value

Balance at December 31, 2012	596,000	$	3.58
Granted	21,500	$	2.23
Exercised	-	$	-
Forfeited	(16,500)	$	4.50

Balance at December 31, 2013	601,000	$	3.50	1.42	$	-

Exercisable at December 31, 2013	575,900	$	3.55	1.18	$	-

Schedule of Nonvested Share Activity [Table Text Block]

A summary of the status of the Company’s non-vested options as of December 31, 2013, and changes during the year ended December 31, 2013 is presented below:

		Weighted
		Average
	Number	Grant-Date
Nonvested Options	of Options	Fair Value

Nonvested at December 31, 2012	35,000	$	1.28
Granted	21,500	$	1.28
Vested	(14,000)	$	1.29
Forfeited	(16,500)	$	1.46
Nonvested at December 31, 2013	26,000	$	1.25

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The fair value of the Company’s option grants under the Plan in 2013, 2012 and 2011 was estimated assuming the following weighted-average assumptions:

	2013		2012		2011

Expected life (years)	7.0		7.0		7.0
Expected forfeiture rate	0.0	%	0.0 - 4.0	%	2.0 - 3.7	%
Expected volatility	49	%	40 - 45	%	40 - 45	%
Dividend yield	0.0	%	0.0	%	0.0	%
Risk-free interest rate	2.6 - 3.0	%	1.7	%	3.0 - 3.3	%