STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2015

Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table summarizes the activity relating to the Company’s stock options for the three-month period ended March 31, 2015:

					Weighted-
			Weighted-		Average
			Average		Remaining	Aggregate
			Exercise		Contractual	Intrinsic
	Options		Price		Term	Value
Outstanding at beginning of year		2,209,000	$	6.84
Granted		-		-
Exercised		(40,000)		3.87
Expired		(333,000)		11.34
Forfeited		(11,000)		5.60
Outstanding at end of period		1,825,000	$	6.09	6 years	$	2,804,000
Exercisable at end of period		1,365,000	$	6.3	5 years	$	2,377,000

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The fair value of each option grant on the date of grant is estimated using the Black-Scholes option-pricing model reflecting the following weighted-average assumptions:

	March 31,
	2014			2015
Expected volatility		45.0	%		-
Expected life of options		4.0 years			-
Risk free interest rate		1.3	%		-
Dividend yield		0	%		-
Weighted average fair value of options granted during the period	$	2.13		$	-

Schedule of Nonvested Share Activity [Table Text Block]

A summary of all non-vested restricted stock for the three-month period ended March 31, 2015 is as follows:

			Weighted-
	Number of		Average
	Non-vested		Grant Date
	Shares		Fair Value
Restricted stock, non-vested, beginning of year		616,000	$	5.69
Granted		5,000		6.52
Vested		(59,000)		5.86
Forfeited		(21,000)		5.72
Restricted stock, non-vested, end of period		541,000	$	5.68

Schedule of Nonvested Performance-based Units Activity [Table Text Block]

The following table summarizes the activity relating to the Company’s performance shares for the three-month period ended March 31, 2015:

	Non-vested
	Shares
Performance shares, non-vested, beginning of year		23,000
Granted		-
Vested		-
Forfeited		-
Performance shares, non-vested, end of period		23,000