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

A summary of the Company’s non-vested restricted stock activity as of and for the nine months ended September 30, 2013, is as follows:

 

Restricted Stock  

 

 

Shares

   

Weighted-

Average

Grant-Date

Fair Value

 
Non-vested at January 1, 2013     316,044     $ 16.60  
Granted     64,088       4.88  
Vested     (33,042 )     18.38  
Forfeited     (24,500 )     9.94  
Non-vested at September 30, 2013     157,373     $ 14.40