STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 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 September 30, 2017, and changes during the nine months ended September 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		(26,333	)		4.55
Forfeited		(47,267	)		6.74
Outstanding as of September 30, 2017		435,800		$	8.35		7.7	$	238,140
Exercisable as of September 30, 2017		173,800			9.94		5.0		138,580