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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of share-based compensation, restricted stock quantity and vesting conditions
A summary of the quantity and vesting conditions for stock-based awards granted to the Company's employees for the six months ended June 30, 2015 was as follows:
Vesting conditions
 
Number of Shares of Restricted Stock Granted
 
Number of Restricted Stock Units Granted
 
Total
Performance and service conditions (1)
 
590,100

 
105,400

 
695,500

Vest 100% 18 months after the grant date with service conditions only
 
150,000

 

 
150,000

Vest 100% 18 months after the grant date with market and service conditions (2)
 
350,000

 

 
350,000

Total shares of stock award granted
 
1,090,100

 
105,400

 
1,195,500


(1)
As a result of the June 15, 2015 change in control event all unvested grants of restricted stock and restricted stock units became fully vested.

(2)
At the end of the Performance Period, the restricted stock subject to market condition may vest, in whole or in part, based on the Company's maximum 30-trading-day volume-weighted average common stock price during the period from May 18, 2015 to November 13, 2016 (the "Average Share Price") as compared to specified share price targets. If the Company's Average Share Price is less than $3.50, none of the restricted stock shall vest. Twenty-five percent of the restricted stock shall vest if the Company's Average Share Price equals $3.50. Fifty percent of the restricted stock shall vest if the Company's Average Share Price equals $4.25. Seventy-five percent of the restricted stock shall vest if the Company's Average Share Price equals $5.00. One hundred percent of the restricted stock shall vest if the Company's Average Share Price is greater than or equal to $6.00. For Average Share Price results between two share price targets, the percent of Restricted Stock vested shall be determined using linear interpolation. 

Schedule of stock-based compensation expense
For the three and six months ended June 30, 2015 and 2014, the Company’s stock-based compensation expense related to stock options, restricted stock and restricted stock units was as follows: 

 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2015
 
2014
 
2015
 
2014
Stock options
 
$

 
$
27

 
$

 
$
85

Restricted stock
 
2,475

 
93

 
2,860

 
502

Restricted stock units
 
750

 
213

 
898

 
242

Total
 
$
3,225

 
$
333

 
$
3,758

 
$
829

Changes in stock options
Changes in the Company’s stock options for the six months ended June 30, 2015 and 2014 were as follows: 

 
Six Months Ended June 30,
 
2015
 
2014
 
Number of
Options
 
Weighted
Average
Exercise Price
per Share
 
Number of
Options
 
Weighted
Average
Exercise Price
per Share
Options outstanding at January 1,
756,800

 
$
8.78

 
800,350

 
$
9.15

Expired/forfeited
(128,300
)
 
13.66

 
(18,550
)
 
14.13

Options outstanding at June 30,
628,500

 
7.79

 
781,800

 
9.03

Options exercisable at June 30,
628,500

 
$
7.79

 
781,800

 
$
9.03

Changes in restricted stock
Changes in the Company’s restricted stock for the six months ended June 30, 2015 and 2014 were as follows:
 
 
Six Months Ended June 30,
 
2015
 
2014
 
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,
803,999

 
$
3.00

 
997,802

 
$
3.00

Granted
1,090,100

 
2.12

 
5,000

 
3.87

Vested
(1,204,398
)
 
2.90

 
(168,574
)
 
5.32

Forfeited
(189,701
)
 
3.14

 
(445,416
)
 
2.31

Unvested restricted stock at June 30,
500,000

 
$
1.27

 
388,812

 
$
2.80

Changes in restricted stock units
Changes in the Company’s restricted stock units for the six months ended June 30, 2015 and 2014 were as follows:
 
Six Months Ended June 30,
 
2015
 
2014
 
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,
119,940

 
$
3.57

 
115,869

 
$
3.65

Granted
320,122

 
2.50

 
50,259

 
3.88

Vested
(397,562
)
 
2.75

 
(82,022
)
 
4.18

Forfeited
(42,500
)
 
3.21

 
(48,160
)
 
2.42

Unvested restricted stock units at June 30,

 
$

 
35,946

 
$
4.40

Schedule of expenses and contributions for the prior years' employer-matching liability for the 401(k) plan
For the three and six months ended June 30, 2015 and 2014, 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
 
Six Months Ended
 
June 30,
 
June 30,
($ in thousands, except otherwise stated)
2015
 
2014
 
2015
 
2014
Expense recognized for the 401(k) plan
$
55

 
$
155

 
$
127

 
$
319

Contributions to satisfy prior years' employer-matching liability
 
 
 

 
 

 
 

Number of shares of the Company's common stock issued (in thousands)
116

 
118

 
116

 
118

Market value per share of the Company's common stock on contribution date (in dollars)
$
2.71

 
$
3.65

 
$
2.71

 
$
3.65

Non-cash contribution made for employer matching liability
$
314

 
$
430

 
$
314

 
$
430