STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2017

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,
	2017		2016		2017		2016
Risk-free interest rate	1.51	%	—	%	1.51	%	—	%
Dividend yield	0.32	%	—	%	0.32	%	—	%
Volatility factor of the expected market price of common stock	73	%	—	%	73	%	—	%
Weighted-average expected life of option	3.5 years		—		3.5 years		—
Weighted-average grant date fair value	1.59		—		1.60		—