STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2016

STOCK-BASED COMPENSATION

Schedule of weighted-average assumptions used for estimation of the fair value of the options granted under the Plan at the date of grant, using the Black-Scholes Option Valuation Model

	Three months ended  June 30,				Six months ended June 30,
	2016		2015		2016		2015
Risk-free interest rate	—	%	1.12	%	—	%	1.10	%
Dividend yield	—	%	—	%	—	%	—	%
Volatility factor of the expected market price of common stock	—	%	72.90	%	—	%	74.08	%
Weighted-average expected life of option	—		3.5 years		—		3.5 years
Weighted-average grant date fair value	—		0.58		—		0.56