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RESTRICTED STOCK (Tables)
6 Months Ended
Jun. 30, 2013
Notes to Financial Statements  
Nonvested restricted stock activity

A summary of the Company’s nonvested restricted stock activity as of and for the six months ended June 30, 2013, is as follows:

 

Restricted Stock  

 

 

Shares

   

Weighted-

Average

Grant-Date

Fair Value

 
Nonvested at January 1, 2013     316,044     $ 16.60  
Granted this period     38,638       6.48  
Vested     (22,953 )     19.75  
Forfeited     (24,500 )     9.94  
Nonvested at June 30, 2013     307,229     $ 15.62