STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2017

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
Cancelled		(76,200	)		2.98
Vested		(336,182	)		3.33
Nonvested restricted stock outstanding at December 31, 2016		1,143,599			1.89

Granted		181,208			2.58
Cancelled		(52,398	)		5.63
Vested		(664,415	)		1.77
Nonvested restricted stock outstanding at December 31, 2017		607,994			1.90

The following is a summary of transactions pertaining to the option plans:

	Shares			Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding January 1, 2015		424,167		$	13.65	4.18 years	$	-
Cancelled		(178,000	)		15.20			-

Outstanding December 31, 2015		246,167			12.52	3.98 years		-
Cancelled		(28,000	)		15.76			-

Outstanding December 31, 2016		218,167			12.11	3.33 years		-
Cancelled		(50,500	)		12.09

Outstanding December 31, 2017		167,667			12.11	2.97 years		-

Vested as of December 31, 2017		167,667			12.11	2.97 years		-

Exercisable as of December 31, 2017		167,667			12.11	2.97 years		-

The following table presents a summary of options outstanding at December 31, 2017:

		At December 31, 2017
		Stock Options Outstanding						Stock Options Exercisable
Range of Exercise Prices		Shares		Contractual Weighted Average life (years)		Weighted Average Exercise Price		Shares		Weighted Average Exercise Price
$	4.00-$13.99		119,667		3.22	$	8.79		119,667	$	8.79
$	14.00-$19.99		17,000		1.84		19.98		17,000		19.98
$	20.00-$25.00		31,000		2.59		20.62		31,000		20.62

			167,667		2.97		12.11		167,667		12.11