STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2018

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, 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

Granted		135,568			1.60
Cancelled		-			-
Vested		(707,654	)		1.82
Nonvested restricted stock outstanding at December 31, 2018		35,908			2.23

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, 2016		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		-
Cancelled		(28,667	)		11.98

Outstanding December 31, 2018		139,000			12.14	2.53 years		-

Vested as of December 31, 2018		139,000			12.14	2.53 years		-

Exercisable as of December 31, 2018		139,000			12.14	2.53 years		-

The following table presents a summary of options outstanding at December 31, 2018:

		At December 31, 2018
		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		91,000		3.17	$	7.79		91,000	$	7.79
$	14.00-$19.99		17,000		0.84		19.98		17,000		19.98
$	20.00-$25.00		31,000		1.59		20.62		31,000		20.62

			139,000		2.53		12.14		139,000		12.14