7. SHARE-BASED COMPENSATION	6 Months Ended
Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
SHARE-BASED COMPENSATION	We have a share-based compensation plan, the “2003 Directors, Officers and Consultants Stock Option, Stock Warrant and Stock Award Plan” (the “Plan”). Awards of common stock and options to purchase common stock granted under the Plan have vesting periods of three years and options are exercisable for two years once fully vested. Share-based compensation expense related to awards is based on the fair value at the date of grant, and is recognized over the requisite expected service period, net of estimated forfeitures. Under the Plan, the maximum number of shares issued pursuant to options is 15 percent of issued and outstanding common shares. Summary of Nonvested Shares of Restricted Stock On May 27, 2016, we granted 30 shares of restricted stock to an independent director, par value $0.001 per share. These shares have a fair value grant price of $1.02 per share, based on the closing price of Deep Down’s stock on that day. These shares vest over three years in equal tranches on the grant date anniversary, with continued service on our Board of Directors; we are amortizing the related share-based compensation of $31 over the three-year requisite service period. During the six months ended June 30, 2016, we withheld 168 shares of our common stock from the vesting of nonvested shares granted to employees to satisfy tax withholding obligations. Once withheld, the shares were canceled and removed from the number of outstanding shares. We subsequently remitted the amount withheld to the tax authority. For the six months ended June 30, 2016 and 2015, we recognized a total of $274 and $253, respectively, of share-based compensation expense related to restricted stock awards, which is included in selling, general and administrative expenses in the accompanying unaudited condensed consolidated statements of operations. The unamortized estimated fair value of nonvested shares of restricted stock awards was $208 at June 30, 2016. These costs are expected to be recognized as expense over a weighted average period of 1.12 years. Summary of Stock Options For the six months ended June 30, 2016 and 2015, we did not recognize share-based compensation expense related to outstanding stock option awards. There was no unamortized estimated fair value of non-vested stock options at June 30, 2016.

7. SHARE-BASED COMPENSATION

6 Months Ended

Jun. 30, 2016

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

We have a share-based compensation plan, the “2003 Directors, Officers and Consultants Stock Option, Stock Warrant and Stock Award Plan” (the “Plan”). Awards of common stock and options to purchase common stock granted under the Plan have vesting periods of three years and options are exercisable for two years once fully vested. Share-based compensation expense related to awards is based on the fair value at the date of grant, and is recognized over the requisite expected service period, net of estimated forfeitures. Under the Plan, the maximum number of shares issued pursuant to options is 15 percent of issued and outstanding common shares.

Summary of Nonvested Shares of Restricted Stock

On May 27, 2016, we granted 30 shares of restricted stock to an independent director, par value $0.001 per share. These shares have a fair value grant price of $1.02 per share, based on the closing price of Deep Down’s stock on that day. These shares vest over three years in equal tranches on the grant date anniversary, with continued service on our Board of Directors; we are amortizing the related share-based compensation of $31 over the three-year requisite service period.

During the six months ended June 30, 2016, we withheld 168 shares of our common stock from the vesting of nonvested shares granted to employees to satisfy tax withholding obligations. Once withheld, the shares were canceled and removed from the number of outstanding shares. We subsequently remitted the amount withheld to the tax authority.

For the six months ended June 30, 2016 and 2015, we recognized a total of $274 and $253, respectively, of share-based compensation expense related to restricted stock awards, which is included in selling, general and administrative expenses in the accompanying unaudited condensed consolidated statements of operations. The unamortized estimated fair value of nonvested shares of restricted stock awards was $208 at June 30, 2016. These costs are expected to be recognized as expense over a weighted average period of 1.12 years.

Summary of Stock Options

For the six months ended June 30, 2016 and 2015, we did not recognize share-based compensation expense related to outstanding stock option awards. There was no unamortized estimated fair value of non-vested stock options at June 30, 2016.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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