SHARE-BASED COMPENSATION and STOCK OPTIONS (Tables)

12 Months Ended

Dec. 31, 2014

SHARE-BASED COMPENSATION and STOCK OPTIONS

Summary of the non-vested Class A Membership Interests which were converted to Common Stock at a conversion ratio of seven to one, and the associated activity

	Class A Membership Interests converted to Common Stock 7:1 ratio
Nonvested at January 1, 2013		111,986
Granted		112,000
Vested		(146,986	)
Nonvested at December 31, 2013		77,000
Granted		—
Forfeited		(21,000	)
Vested		(14,000	)
Nonvested at December 31, 2014		42,000

Schedule of weighted average assumptions used in determining the fair value of the option awards using the Black-Scholes option pricing model

	Twelve Months Ended December 31, 2014
Expected term	4.3 years
Volatility	59.6%
Dividend yield	0%
Risk free interest rate	1.23%

Summary of stock option activity

	Twelve Months Ended December 31, 2014		Weighted Average Exercise Price
Outstanding at the beginning of the year		—
Granted		861,287	$	13.90
Forfeited		—
Outstanding and expected to vest at the end of the year		861,287	$	13.90