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SHARE BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2012
SHARE BASED COMPENSATION [Abstract]  
Summary of outstanding stock option grants and transactions
A summary of outstanding stock option grants and related transactions follows:

 
 
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
 
 
 
Average
 
 
Remaining
 
 
Aggregated
 
 
 
Number of
 
 
Exercise
 
 
Contractual
 
 
Intrinsic
 
 
 
Shares
 
 
Price
 
 
Term (Years)
 
 
Value
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
 
Outstanding at January 1, 2012
 
 
180,862
 
 
$
7.98
 
 
 
 
 
 
 
Granted
 
 
116,900
 
 
 
2.73
 
 
 
 
 
 
 
Exercised
 
 
(2,335
)
 
 
1.92
 
 
 
 
 
 
 
Forfeited
 
 
(13,999
)
 
 
1.92
 
 
 
 
 
 
 
Expired
 
 
(5,495
)
 
 
90.66
 
 
 
 
 
 
 
Outstanding at December 31, 2012
 
 
275,933
 
 
$
4.46
 
 
 
8.36
 
 
$
284
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Vested and expected to vest at December 31, 2012
 
 
257,602
 
 
$
4.60
 
 
 
8.29
 
 
$
266
 
Exercisable at December 31, 2012
 
 
83,477
 
 
$
9.20
 
 
 
6.40
 
 
$
74
 
 
Summary of non-vested restricted stock and stock units and transactions
A summary of outstanding non-vested stock and related transactions follows:

 
 
 
 
 
Weighted-
 
 
 
 
 
 
Average
 
 
 
Number of
 
 
Grant Date
 
 
 
Shares
 
 
Fair Value
 
Outstanding at January 1, 2012
 
 
165,045
 
 
$
17.90
 
Granted
 
 
221,147
 
 
 
2.78
 
Vested
 
 
(6,214
)
 
 
141.85
 
Forfeited
 
 
(4,562
)
 
 
78.23
 
Outstanding at December 31, 2012
 
 
375,416
 
 
$
6.21
 

Summary of weighted-average assumptions used in Black-Scholes option pricing model for grants of stock options
A summary of the weighted-average assumptions used in the Black-Scholes option pricing model for grants of stock options follows:

 
 
2012
 
 
2011
 
 
2010
 
Expected dividend yield
 
 
0.74
%
 
 
1.04
%
 
 
0.33
%
Risk-free interest rate
 
 
0.88
 
 
 
1.91
 
 
 
2.10
 
Expected life (in years)
 
 
6.00
 
 
 
6.00
 
 
 
4.60
 
Expected volatility
 
 
100.01
%
 
 
94.72
%
 
 
91.77
%
Per share weighted-average grant date fair value
 
$
2.04
 
 
$
1.37
 
 
$
4.97
 

Information regarding options exercised
Certain information regarding options exercised during the periods ending December 31 follows:

 
 
2012
 
 
2011
 
 
2010
 
 
 
(In thousands)
 
Intrinsic value
 
$
3
 
 
$
-
 
 
$
-
 
Cash proceeds received
 
$
4
 
 
$
-
 
 
$
-
 
Tax benefit realized
 
$
-
 
 
$
-
 
 
$
-