STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 31, 2013

STOCKHOLDERS' EQUITY [Abstract]

Summary of transactions pertaining to restricted stock

The following is a summary of transactions pertaining to restricted stock:

	Shares			Weighted Average Grant Date Fair Value Per Share
Nonvested restricted stock outstanding at December 31, 2012		1,341,084		$	7.79
Canceled		(33,529	)		16.70
Vested		(143,464	)		10.49
Nonvested restricted stock outstanding at March 31, 2013		1,164,091			7.15

Summary of transactions pertaining to option plans

The fair value of the stock options used to compute stock-based compensation is the estimated present value at the date of grant using the Black-Scholes option pricing model.  The following is a summary of transactions pertaining to stock options:

	Shares			Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value (in thousands)
Outstanding at December 31, 2012		655,875		$	14.72	4.89 years	$	-
Canceled		(11,000	)		20.82			-
Outstanding at March 31, 2013		644,875			14.61	4.64 years		-
Vested or expected to vest		623,210			14.81	4.49 years		-
Exercisable as of March 31, 2013		536,552			15.75	3.80 years		-

Summary of options outstanding

The following table presents a summary of stock options outstanding:

		At March 31, 2013
		Stock Options Outstanding						Stock Options Exercisable
Range of Exercise Prices		Shares		Contractual Weighted Average Life (years)		Weighted Average Price		Shares		Weighted Average Exercise Price
$	4.00-$13.99		262,792		6.87	$	9.63		164,801	$	10.72
$	14.00-$19.99		277,083		2.95		16.42		277,083		16.42
$	20.00-$25.00		105,000		3.52		22.33		94,668		22.52
			644,875		4.64		14.61		536,552		15.75