ACCOUNTING FOR STOCK BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2014

ACCOUNTING FOR STOCK BASED COMPENSATION [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity

Combined activity related to stock options granted under the Stock Plans during the periods presented was as follows:

	At or for the Three Months Ended March 31,
	2014			2013
Options outstanding – beginning of period		1,615,771			2,456,137
Options granted		-			-
Options exercised		(8,480	)		(157,670	)
Options forfeited		(618,895	)		(3,095	)
Options outstanding – end of period		988,396			2,295,372
Intrinsic value of options exercised	$	5		$	150
Compensation expense recognized		36			73
Remaining unrecognized compensation expense		105			261
Intrinsic value of outstanding options at period end		2,294			1,070
Intrinsic value of vested options at period end		2,177			841
Weighted average exercise price of vested options – end of period		14.76			15.98

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions

There were no grants of stock options during the three-month periods ended March 31, 2014 and 2013.

Schedule of Nonvested Restricted Stock Units Activity

The following is a summary of activity related to the restricted stock awards granted under the 2004 Stock Incentive Plan during the periods indicated:

	At or for the Three Months Ended March 31,
	2014			2013
Unvested allocated shares – beginning of period		318,314			328,003
Shares granted		-			-
Shares vested		-			(6,855	)
Shares forfeited		(1,261	)		-
Unvested allocated shares – end of period		317,053			321,148
Compensation recorded to expense	$	495		$	526