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2. BASIC AND DILUTED EARNINGS PER COMMON SHARE
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
BASIC AND DILUTED EARNINGS PER COMMON SHARE

The Company computes basic and diluted earnings per common share in accordance with the provisions of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) No. 260, Earnings per Share. Basic earnings per share excludes the dilutive effects of options, warrants and other convertible securities. Diluted earnings per share reflects the potential dilution of securities that could share in the Company’s earnings. The total number of shares of the Company’s common stock subject to options, warrants, and convertible preferred stock that were excluded from computing diluted net loss per common share was approximately 13,857,000 and 14,140,000 shares as of September 30, 2015 and 2014, respectively, as their effect was anti-dilutive.