STOCK-BASED COMPENSATION Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2014

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

Schedule of Share-based Awards and Vesting Conditions

A summary of the quantity and vesting conditions for stock-based awards granted to the Company's employees for the nine months ended September 30, 2014 was as follows:

Vesting conditions	Number of Shares of Restricted Stock Granted
Vest 100% on the third anniversary of the grant date with service conditions only	5,000
Immediately vested	1,400
Total shares of stock award granted	6,400

Schedule of stock-based compensation expense

For the three and nine months ended September 30, 2014 and 2013, the Company’s stock-based compensation expense related to stock options, restricted stock and restricted stock units was as follows: 

	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
Stock options	$	—	$	59	$	85	$	296
Restricted stock	93		328		567		1,226
Restricted stock units	12		34		255		431
Total	$	105	$	421	$	907	$	1,953

Changes in stock options

Changes in the Company’s stock options for the nine months ended September 30,2014 and 2013 were as follows: 

	Nine Months Ended September 30,
	2014				2013
	Number of Options		Weighted Average Exercise Price per Share		Number of Options		Weighted Average Exercise Price per Share
Options outstanding at January 1,	800,350		$	9.15	1,238,650		$	11.21
Expired/forfeited	(43,550	)	15.50		(200,200	)	8.13
Options outstanding at September 30,	756,800		8.78		1,038,450		11.81
Options exercisable at September 30,	756,800		$	8.78	838,450		$	13.39

Changes in restricted stock

Changes in the Company’s restricted stock for the nine months ended September 30,2014 and 2013 were as follows:

	Nine Months Ended September 30,
	2014				2013
	Number of Shares of Restricted Stock		Weighted Average Grant Date Fair Value		Number of Shares of Restricted Stock		Weighted Average Grant Date Fair Value
Unvested restricted stock at January 1,	997,802		$	3.00	1,028,916		$	4.87
Granted	6,400		3.80		843,321		2.40
Vested	(172,284	)	5.27		(387,825	)	5.10
Forfeited	(448,687	)	2.31		(442,214	)	4.20
Unvested restricted stock at September 30,	383,231		$	2.80	1,042,198		$	3.06

Changes in restricted stock units

Changes in the Company’s restricted stock units for the nine months ended September 30,2014 and 2013 were as follows:

	Nine Months Ended September 30,
	2014				2013
	Number of Restricted Stock Units		Weighted Average Grant-Date Fair Value		Number of Restricted Stock Units		Weighted Average Grant-Date Fair Value
Unvested restricted stock units at January 1,	115,869		$	3.65	100,000		$	5.18
Granted	50,259		3.88		167,400		2.88
Vested	(82,022	)	4.18		(152,200	)	3.84
Forfeited	(48,160	)	2.42		(5,000	)	2.42
Unvested restricted stock units at September 30,	35,946		$	4.40	110,200		$	3.67

Schedule of expenses and contributions for the prior years' employer-matching liability for the 401(k) plan

For the three and nine months ended September 30,2014 and 2013, the Company’s current year expenses and contributions to satisfy the prior years’ employer-matching liability for the 401(k) plan were as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
($ in thousands, except otherwise stated)	2014		2013		2014		2013
Expense recognized for the 401(k) plan	$	112	$	110	$	431	$	452
Contributions to satisfy prior years' employer-matching liability
Number of shares of the Company's common stock issued (in thousands)	—		—		118		—
Market value per share of the Company's common stock on contribution date (in dollars)	$	—	$	—	$	3.65	$	—
Non-cash contribution made for employer matching liability	$	—	$	—	$	430	$	—
Additional cash contribution made for employer-matching liability	$	—	$	—	$	—	$	651
Total contribution made for employer-matching liability	$	—	$	—	$	430	$	651