SHARE-BASED COMPENSATION PLAN (Tables)

12 Months Ended

Dec. 31, 2014

SHARE-BASED COMPENSATION PLAN [Abstract]

Summary of company's restricted stock awards

The tables below summarize the Company’s restricted stock awards as of December 31, 2014:

	Restricted shares -Employees			Weighted-average grant-date fair value - Employees		Restricted shares - Non-employees		Weighted-average grant-date fair value - Non-employees
Non-vested at January 1, 2014		163,000		$	23.88		40,000	$	24.84
Granted during the year		-			-		33,000		9.84
Vested during the year		-			-		-		-
Forfeited during the year		(10,000	)		-		-		-
Non-vested at December 31, 2014		153,000		$	23.88		73,000	$	18.06

The tables below summarize the Company’s restricted stock awards as of December 31, 2013:

	Restricted shares -Employees		Weighted-average grant-date fair value - Employees		Restricted shares - Non-employees			Weighted-average grant-date fair value - Non-employees
Non-vested at January 1, 2013		163,000	$	23.88		228,500		$	22.06
Granted during the year		-		-		-			-
Vested during the year		-		-		(174,000	)		-
Forfeited during the year		-		-		(14,500	)		-
Non-vested at December 31, 2013		163,000	$	23.88		40,000		$	24.84