SHAREHOLDERS' EQUITY (Details Textual) - USD ($) |
1 Months Ended | 3 Months Ended | |||
|---|---|---|---|---|---|
Nov. 04, 2015 |
Jan. 16, 2016 |
Mar. 31, 2016 |
Jan. 25, 2016 |
Dec. 15, 2015 |
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| Class of Stock [Line Items] | |||||
| Preferred Stock, Redemption Price Per Share | $ 25.00 | ||||
| Preferred Stock, Liquidation Preference Per Share | $ 25.00 | ||||
| Treasury Stock [Member] | |||||
| Class of Stock [Line Items] | |||||
| Stock Repurchase Program, Authorized Amount | $ 1,000,000 | $ 500,000 | |||
| Stock Repurchased During Period, Shares | 101,338 | 518,295 | |||
| Stock Repurchased During Period, Value | $ 427,123 | ||||
| Common Stock [Member] | |||||
| Class of Stock [Line Items] | |||||
| Stock Repurchase Program, Authorized Amount | $ 1,000,000 | $ 500,000 | |||
| Series A Cumulative Refeemable Preferred Stock [Member] | |||||
| Class of Stock [Line Items] | |||||
| Stock Issued During Period, Shares, New Issues | 231,616 | ||||
| Shares Issued, Price Per Share | $ 25.00 | ||||
| Preferred Stock, Dividend Rate, Percentage | 11.00% | ||||
| Preferred Stock, Dividend Rate, Per Share, Amount | $ 2.75 |
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The amount per share used to calculated dividend payments on preferred stock. No definition available.
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- Definition The percentage rate used to calculate dividend payments on preferred stock. No definition available.
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- Definition The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The price per share at which the preferred stock of an entity that has priority over common stock in the distribution of dividends and in the event of liquidation of the entity is redeemed or may be called at. The redemption features of this preferred stock are solely within the control of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Per share or per unit amount of equity securities issued. No definition available.
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- Definition Number of new stock issued during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of stock repurchase plan authorized. No definition available.
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- Definition Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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