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RESTRICTED STOCK (Tables)
 3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Non-vested Restricted Stock Awards
A summary of the activity of the Company's restricted stock awards for the three months ended March 31, 2016 is presented below:
 
Restricted Stock
 
Weighted Average Grant-Date Fair Value
Unvested at December 31, 2015:
1,363,175

 
$
1.64

Granted
130,000

 
1.89

Vested
(149,325
)
 
1.53

Forfeited
(42,500
)
 
1.71

Unvested at March 31, 2016:
1,301,350

 
$
1.68