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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2021
STOCKHOLDERS' EQUITY [Abstract]  
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, 2020
   
1,572,159
   
$
2.77
 
Granted
   
574,614
     
5.83
 
Canceled
   
-
     
-
 
Vested
   
(383,226
)
   
2.76
 
                 
Nonvested restricted stock outstanding at March 31, 2021
   
1,763,547
     
3.77
 
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, 2020
 
81,000
 
$
7.79
 
1.17 years
 
$
-
 
Granted/Vested
 
-
   
-
       
-
 
Canceled
 
-
   
-
       
-
 
                       
Outstanding at March 31, 2021
 
81,000
   
7.79
 
0.92 years
   
-
 
                       
Vested as of March 31, 2021
 
81,000
   
7.79
 
0.92 years
   
-
 
                       
Exercisable as of March 31, 2021
 
81,000
   
7.79
 
0.92 years
   
-