STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2016

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

Schedule of the valuation assumptions

	For the Six Months Ended June 30,
	2016			2015
Expected option lives		4.5 years			3.0 years
Expected volatility		34.49	%		35.66	%
Risk-free interest rate		1.23	%		0.99	%
Expected dividend yield		0.00	%		4.51	%

Schedule of stock option activity

A summary of the activity of the 2007 Plan, and awards issued outside of the Plan pertaining to stock option grants is as follows:

	Shares Underlying Awards			Weighted Average Exercise Price		Aggregate Intrinsic Value ($000)		Weighted Average Remaining Contractual Life (In Years)
Awards outstanding at December 31, 2015		3,391,607		$	1.87
Options granted		1,759,808		$	1.26
Options exercised		-		$	-
Options forfeited		(81,645	)	$	2.02
Options expired		(319,626	)	$	1.93
Awards outstanding at June 30, 2016		4,750,144		$	1.64	$	1		3.54
Awards vested and expected to vest at June 30, 2016		4,687,555		$	1.64	$	1		3.52
Awards exercisable at June 30, 2016		2,734,691		$	1.83	$	-		1.62

Schedule of restricted stock units

A summary of the activity of the 2007 Plan pertaining to grants of restricted stock units is as follows:

	Shares Underlying Awards			Aggregate Intrinsic Value ($000)		Weighted Average Remaining Contractual Life (In Years)
Awards outstanding at December 31, 2015		806,324
Restricted stock units granted		541,762
Restricted stock units settled by delivery of Common Stock upon vesting		(133,153	)
Restricted stock units forfeited		(34,870	)
Awards outstanding at June 30, 2016		1,180,063		$	1,333		1.67
Awards expected to vest at June 30, 2016		1,167,463		$	1,319		1.64

Schedule of unvested awards

A summary of the status of the Company’s unvested share-based payment awards as of June 30, 2016 and changes in the six month period then ended, is as follows:

Unvested Awards	Number of Shares			Weighted Average Grant Date Fair Value
Shares underlying awards unvested at December 31, 2015		1,473,765		$	1.44
Shares underlying options granted		1,759,808		$	0.38
Shares underlying restricted stock units granted		541,762		$	1.31
Shares underlying options vested		(330,151	)	$	0.50
Shares underlying restricted stock units settled by delivery of Common Stock upon vesting		(133,153	)	$	2.06
Shares underlying options forfeited		(81,645	)	$	0.62
Shares underlying restricted stock units cancelled		(34,870	)	$	1.39
Shares underlying awards unvested at June 30, 2016		3,195,516		$	0.93