STOCK BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2017

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,
	2017		2016
Restricted stock/unit awards (“RSA”)	$	41	$	65
Performance share incentives (“PSI”)	7		—
	$	48	$	65

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, 2017 and December 31, 2016, are as follows:

	March 31, 2017				December 31, 2016
	RSAs		PSIs		RSAs		PSIs
Unrecognized compensation cost (in thousands)	$	336	$	766	$	113	$	520
Expected weighted-average recognition period for unrecognized compensation    cost (in years)	1.55		1.42		0.92		0.97