STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2017

Stockholders' Equity Note [Abstract]

Schedule of stock option activity

A summary of stock option activity under the 2011 Long-Term Incentive Plan as of June 30, 2017, and changes during the six months ended June 30, 2017, are presented below:

	Stock Options			Weighted average exercise price		Weighted average remaining contractual term		Aggregate intrinsic value
Outstanding as of January 1, 2017		247,400		$	8.75			$
Granted		262,000			7.30
Exercised		(13,000	)		4.53
Forfeited		(38,333	)		6.01
Outstanding as of June 30, 2017		458,067		$	8.27		7.9	$	105,207
Exercisable as of June 30, 2017		196,066			9.57		5.4		105,206