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LONG-TERM STOCK INCENTIVE PLAN (Tables)
6 Months Ended
Jun. 30, 2016
Schedule of Issued and Outstanding Stock Options
The following table sets forth activity related to the Company’s stock options awarded under the Plan:
 
   
For the Six Months Ended
 
   
June 30, 2016
   
June 30, 2015
 
   
Number of Shares
   
Weighted Average Exercise Price
   
Number of Shares
   
Weighted Average Exercise Price
 
Options outstanding at the beginning of period
   
1,168,775
   
$
15.34
     
2,259,335
   
$
15.35
 
Granted
   
-
     
-
     
-
     
-
 
Exercised
   
-
     
-
     
-
     
-
 
Forfeited
   
(6,400
)
   
14.69
     
(259,799
)
   
15.26
 
Expired
   
(36,750
)
   
12.90
     
(6,250
)
   
17.24
 
Options outstanding at the end of period
   
1,125,625
   
$
15.43
     
1,993,286
   
$
15.36
 
Options exercisable at the end of period
   
1,125,625
   
$
15.43
     
1,993,286
   
$
15.36