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STOCK BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of stock based compensation expense
A summary of stock based compensation expense is as follows (in thousands):
 
Three Months Ended 
 March 31,
 
2015
 
2014
Restricted stock/unit awards (“RSA”)
$
111

 
$
109

Schedule of unrecognized compensation and the expected weighted-average recognition periods with respect to the outstanding RSAs
Unrecognized compensation and the expected weighted-average recognition periods with respect to the outstanding RSAs and PSIs as of March 31, 2015 and December 31, 2014, are as follows:
 
March 31,
2015
 
December 31,
2014
 
RSAs
 
PSIs
 
RSAs
 
PSIs
Unrecognized compensation cost (in thousands)
$
610

 
$
554

 
$
718

 
$
554

 
 
 
 
 
 
 
 
Expected weighted-average recognition period for unrecognized compensation
   cost (in years)
1.39

 
1.88

 
1.64

 
2.13