STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2016

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, 2015		450,494		$	3.69
Granted		1,105,487			1.67
Canceled		(26,200	)		5.63
Vested		(244,029	)		3.05

Nonvested restricted stock outstanding at September 30, 2016		1,285,752			2.03

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, 2015		246,167		$	12.52	3.98 years	$	-
Canceled		(21,500	)		15.63			-

Outstanding at September 30, 2016		224,667			12.23	3.48 years		-

Vested or expected to vest		224,667			12.23	3.48 years		-

Exercisable as of September 30, 2016		224,667			12.23	3.48 years		-

The following table presents a summary of stock options outstanding:

		At September 30, 2016
		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		165,167		3.60	$	9.46		165,167	$	9.46
$	14.00-$19.99		28,500		2.40		19.12		28,500		19.12
$	20.00-$25.00		31,000		3.85		20.62		31,000		20.62

			224,667		3.48		12.23		224,667		12.23