STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 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		(340,940	)		5.00
Awards		234,651			2.28
Vested		(254,046	)		5.36
Nonvested restricted stock outstanding at September 30, 2015		565,484			3.77

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		(151,500	)		16.22			-
Outstanding at September 30, 2015		272,667			12.22	4.30 years		-
Vested or expected to vest		272,667			12.22	4.30 years		-
Exercisable as of September 30, 2015		272,667			12.22	4.30 years		-

Summary of options outstanding

The following table presents a summary of stock options outstanding:

	At September 30, 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		192,667		4.69	$	9.39		192,667	$	9.39
$14.00-$19.99		49,000		2.40		18.02		49,000		18.02
$20.00-$25.00		31,000		4.85		20.62		31,000		20.62
		272,667		4.30		12.22		272,667		12.22