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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2015
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, 2014
  
925,819
  
$
5.04
 
Canceled
  
(168,432
)
  
6.21
 
Vested
  
(38,671
)
  
11.63
 
         
Nonvested restricted stock outstanding at March 31, 2015
  
718,716
   
4.38
 
Summary of transactions pertaining to option plans
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, 2014
  
424,167
  
$
13.65
 
 4.18 years
 
$
-
 
Canceled
  
(36,000
)
  
13.57
    
-
 
              
Outstanding at March 31, 2015
  
388,167
   
13.65
 
 3.86 years
  
-
 
              
Vested or expected to vest
  
388,167
   
13.65
 
 3.86 years
  
-
 
              
Exercisable as of March 31, 2015
  
388,167
   
13.65
 
 3.86 years
  
-
 
Summary of options outstanding
The following table presents a summary of stock options outstanding:

  
At March 31, 2015
 
  
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
  
215,667
   
4.91
  
$
9.60
   
215,667
  
$
9.60
 
$14.00-$19.99
  
114,000
   
2.10
   
17.81
   
114,000
   
17.81
 
$20.00-$25.00
  
58,500
   
3.42
   
20.48
   
58,500
   
20.48
 
                     
   
388,167
   
3.86
   
13.65
   
388,167
   
13.65