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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2019
STOCK-BASED COMPENSATION [Abstract]  
Summary of Stock Option Activity
A summary of activity in the Plan during the nine months ended September 30, 2019 is presented in the table below:

  
Number
of Shares
  
Weighted-Average
Exercise Price
  
Weighted-Average
Remaining Contractual
Life in Years
  
Aggregate
Intrinsic Value
 
Nine Months Ended September 30, 2019
            
Outstanding at beginning of year:
  
  
$
     
$
 
Granted
  
1,664,992
   
13.12
      
6,081
 
Exercised
  
(97,500
)
  
11.15
      
508
 
Forfeited
  
(25,500
)
  
18.05
      
 
Expired
  
(9,000
)
  
19.05
        
                
Balance, September 30, 2019
  
1,532,992
  
$
13.13
   
6.03
  
$
5,573
 
                 
Exercisable at end of period
  
  
$
   
  
$
 
                 
Vested at end of period
  
1,100,400
  
$
11.51
   
5.62
  
$
5,505
 
Summary of Assumptions Used to Calculate Fair Value of Awards
A summary of assumptions used to calculate the fair values of the awards is presented below:

  
Nine Months Ended
September 30, 2019
 
Expected volatility
 
24.88% to 31.54%
 
Expected dividend yield
  
0.70
%
Expected term (years)
 
0.5 - 7.0 years
 
Risk-free interest rate
 
1.46% to 2.63%
 
Weighted average grant date fair value
 
$
8.01
 
Summary of Activity of Restricted Stock Units
A summary of activity in the Plan during the nine months ended September 30, 2019 is presented in the table below:

  
Number
of Shares
  
Weighted-Average
Grant Date
Fair Value
 
Nine Months Ended September 30, 2019
      
Outstanding at beginning of year:
  
  
$
 
Granted
  
81,200
   
19.46
 
Exercised
  
   
 
Forfeited
  
   
 
         
Balance, September 30, 2019
  
81,200
  
$
19.46
 
         
Exercisable at end of period
  
  
$
 
         
Vested at end of period
  
  
$