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SHARE-BASED COMPENSATION PLAN (Tables)
12 Months Ended
Dec. 31, 2016
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, 2016:
 
  
Restricted
shares -
Employees
  
Weighted-
average
grant-date
fair value
- Employees
 
Non-vested at January 1, 2016
  
33,000
  
$
9.84
 
Granted during the year
  
137,665
   
14.65
 
Vested during the year
  
-
   
-
 
Forfeited during the year
  
(13,500
)  
(13.40
)
Non-vested at December 31, 2016
  
157,165
   
13.75