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RESTRICTED STOCK (Tables)
12 Months Ended
Dec. 31, 2013
Notes to Financial Statements  
Nonvested restricted stock activity

A summary of the status of the Company’s non-vested restricted stock grants as of December 31, 2013, and changes during the year ended December 31, 2013 is presented below:

 

 

 

Restricted Stock

 

 

 

Shares

   

Weighted-

Average

Grant-Date

Fair Value

 
Non-vested shares at January 1, 2013     316,044     $ 17.84  
Granted     132,710     $ 4.44  
Vested     (47,580 )   $ 16.41  
Forfeited     (199,519 )   $ 16.34  
Non-vested shares at December 31, 2013     201,655     $ 10.66