STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2016

STOCK-BASED COMPENSATION [Abstract]

Restricted Stock Activity

Restricted stock activity in the first nine months of 2016 was as follows:

	Shares of Restricted Stock			Weighted Average Grant Date Price per Share
Outstanding at January 1, 2016		148,040		$	14.14
Granted		198,354			9.77
Vested		(42,575	)		13.60
Outstanding at September 30, 2016		303,819		$	11.37

Summary Of Status Of Stock Option Awards and Warrants

A summary of the status of our stock option awards and warrants is presented below:

	Number of StockOptions & Warrants			Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Life
Outstanding at January 1, 2016		1,376,437		$	7.68
Granted		--			--
Exercised		(28,000	)		2.39
Expired		--			--
Cancelled		--			--
Forfeited		--			--
Outstanding at September 30, 2016		1,348,437		$	7.79		5.4
Exercisable at September 30, 2016		835,937		$	7.53		5.4