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STOCK INCENTIVE PLANS (Tables)
12 Months Ended
Dec. 31, 2015
STOCK INCENTIVE PLANS [Abstract]  
Summary of Stock Option Activity Under Applicable Plans
A summary of the status of the Company’s stock option plans as of December 31, 2015, and changed during the year then ended is presented in the table below:

  
Options
  
Weighted Average Exercise
Price
 
Weighted Average Remaining Contractual Life
 
Aggregate Intrinsic
Value
(in thousands)
 
           
Outstanding at January 1, 2015
  
6,000
  
$
3.69
     
             
Granted
  
-
  
$
-
     
Exercised
  
-
  
$
-
     
Expired
  
6,000
  
$
3.69
     
Cancelled
  
-
  
$
-
     
             
Outstanding at December 31, 2015
  
-
  
$
-
 
0.0 years
 
$
-
 
              
Vested and Exercisable at December 31, 2015
  
-
  
$
-
 
0.0 years
 
$
-
 
Summary of SARs Activity Under Applicable Plans
A summary of the status of the Company’s SARs Plan as of December 31, 2015, and changes during the year then ended, is presented in the table below:

  
SARs
 
    
Non-Vested at January 1, 2015
  
-
 
     
Granted
  
4,000
 
Vested
  
(4,000
)
Cancelled
  
-
 
     
Non-Vested at December 31, 2015
  
-
 
     
Total Outstanding at December 31, 2015
  
35,000