STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Fair Value of Each Option Award Granted

The fair value of each option award granted during the period is estimated on the date of grant using the Black-Scholes option valuation model and assumptions as noted in the following table:

	March 31,
	2015			2014
Expected life		-			6.5 years
Expected volatility		0.00	%		75.51%
Risk-free interest rate		-			2.14-2.45%
Dividend yield		-			-