STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of stock option activity

		Weighted-Average		Weighted-Average
	Options	Exercise Price		Remaining Contract Term
Outstanding at December 31, 2015	122,000	$	13.85
Granted	—		—
Exercised	—		—
Forfeited	—		—
Outstanding at December 31, 2016	122,000	$	13.85		3.625 years
Exercisable at December 31, 2016	122,000	$	13.85		3.625 years

Schedule of assumptions used for options

	December 31,
	2015
Expected life	2.7 years
Volatility	33.60	%
Dividend yield	2.60	%
Risk-free interest rate	0.83	%

Service vesting

Summary of unvested restricted stock award activity

		Weighted-Average
		Grant Date
	Shares	Fair Value per Share
Unvested restricted stock at December 31, 2015	610,756	$	9.33
Granted	105,000		1.68
Converted to service-based	56,999		4.18
Vested	(358,079)		7.79
Forfeited	(95,954)		8.59
Unvested restricted stock at December 31, 2016	318,722	$	6.48

Performance vesting

Summary of unvested restricted stock award activity

		Weighted-Average
		Grant Date
	Shares	Fair Value per Share
Unvested restricted stock at December 31, 2015	98,605	$	17.75
Granted	—		—
Converted to service-based	(28,513)		4.18
Vested	—		—
Forfeited	(49,598)		18.86
Unvested restricted stock at December 31, 2016	20,494	$	19.82

Market-based vesting

Summary of unvested restricted stock award activity

		Weighted-Average
		Grant Date
	Shares	Fair Value per Share
Unvested restricted stock at December 31, 2015	90,824	$	20.43
Granted	926,200		2.91
Vested	—		—
Converted to service-based	(28,486)		4.18
Forfeited	(65,779)		15.92
Unvested restricted stock at December 31, 2016	922,759	$	3.34

Assumptions used to estimate the fair value of market-based restricted stock awards granted

Expected term (years)		1.5
Expected volatility		39.50	%
Expected dividend yield		0.00	%
Risk-free interest rate		1.13	%
Weighted-average grant date fair value	$	2.91